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You will receive a payment, which is 3 times the present value of this payment. If the discount rate is 7% every year, which year

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You will receive a payment, which is 3 times the present value of this payment. If the discount rate is 7% every year, which year will you receive this payment? Select one: a. 17.89 years b. 10.67 years c. 19.35 years d. 16.24 years e. none of the above

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