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. You're on vacation in Florida, and you see an advertisement stating that you'll receive $100 simply for taking a tour of a model condominium.
. You're on vacation in Florida, and you see an advertisement stating that you'll receive $100 simply for taking a tour of a model condominium. You discover that the $100 is in the form of a savings bond that will not pay you the $100 for 10 years. What is the PV of the $100 to be received 10 years from today if your discount rate is 6 percent
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