Multiple Choice
If you have an investment that will receive $100 at the end of year one,$200 at the end of year two,and $300 at the end of year three,what is the market value of this investment today if the discount rate is 13 percent annually?
A) $553
B) $453
C) $423
D) $383
Correct Answer:
Verified
Correct Answer:
Verified
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