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You are entitled to a specified cashflow in the year 2 0 6 0 . You previously calculated the PV of this cashflow at f

You are entitled to a specified cashflow in the year 2060. You previously calculated the PV of this cashflow at f8.4million. Now, 31 months later, you revisit your calculations and decide that all the assumptions you previously made remain valid, and that you should use a discount rate of 5%, as you did before. All that has changed is today's date. What would you now estimate the PV to be?
a.9.53
b.10.03
c.38.12
d.8.4
e.7.41
Clear my choice
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