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Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens

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Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens to the present value of this gift if you speed up your graduation by one year and graduate two years from now instead? The present value will go down. The present value will remain unchanged. The present value will go up. The answer cannot be determined from the information provided

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