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If Money If Worth $650 Now and $675 in 3

Question 196

Multiple Choice

If money if worth $650 now and $675 in 3 months, determine the rate of return that an investor would be indifferent between the two options.

A) 15.38%
B) 14.22%
C) 13.85%
D) 12.52%
E) 10.60%

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