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You have some property for sale and have received two offers. The first offer is for $89,500 today in cash. The second offer is the

You have some property for sale and have received two offers. The first offer is for $89,500 today in cash. The second offer is the payment of $35,0 00 today and an additional guaranteed $70,000 two years from today. If the applicable discount rate is 11.5 percent, which offer should you accept and why

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