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You know an investment opportunity that promises to deliver to you $100,000, in 20 years from today. Based on your risk assessment, you require a

You know an investment opportunity that promises to deliver to you $100,000, in 20 years from today. Based on your risk assessment, you require a 12% return on this investment. How much would you pay today to earn this 12% return a year?

$9,985.43

$10,366.68

$9,756.25

$10,125.74

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