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    Practical Financial Management Study Set 1
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    Exam 6: Time Value of Money
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    Assuming a 6% Annual Discount Rate, What Is the Value
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Assuming a 6% Annual Discount Rate, What Is the Value

Question 19

Question 19

Multiple Choice

Assuming a 6% annual discount rate, what is the value of receiving $100.00 annually perpetually beginning next year?


A) $2,137.50
B) $1,000.00
C) $1,666.67
D) $1,333.33

Correct Answer:

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