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If Money If Worth $985 Now and $1005 in Two

Question 25

Multiple Choice

If money if worth $985 now and $1005 in two months, determine the rate of return that an investor would be indifferent between the two options.

A) 15.41%
B) 14.62%
C) 13.83%
D) 12.18%
E) 13.44%

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