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You are offered $17,000 at the end of five years. If your required rate of return is 8.0%, what is the value of that promise

You are offered $17,000 at the end of five years. If your required rate of return is 8.0%, what is the value of that promise today?
1. $11,506.27
2. $11,569.91
3. $24,978.58
4. $25,116.74

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