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You expect to receive $120 in one year and $270 in two years. What is the present value of the money today assuming an
You expect to receive $120 in one year and $270 in two years. What is the present value of the money today assuming an interest rate of 3.50% in year one and 4.25% in year 2?
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Answer Calculation of present value Then we need to discount the future c...
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