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You are considering an investment that will be valued at $1,000 one year from now. Your next best alternative investment opportunity would yield an

You are considering an investment that will be valued at $1,000 one year from now. Your next best alternative investment opportunity would yield an annual rate of return of 8%, In other words, if you invested $926 in your alternative investment today, it would also produce $1,000 one year from now. Therefore, the of the investment you are considering is $926. future value O present value O discount rate QALY

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