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Your firm has been told that it needs $100,000 today to fund a $200,000 expansion project 10 years from now. What rate of interest was
Your firm has been told that it needs $100,000 today to fund a $200,000 expansion project 10 years from now. What rate of interest was used in the present value computation? 6.23 percent 4.82 percent 5.14 percent 7.18 percent
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