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    Financial Management Theory and Practice Study Set 4
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    Exam 4: Time Value of Money
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    You Expect to Receive $5,000 in 25 Years
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You Expect to Receive $5,000 in 25 Years

Question 153

Question 153

Multiple Choice

You expect to receive $5,000 in 25 years.How much is it worth today if the discount rate is 5.5%?


A) $1,067.95
B) $1,124.16
C) $1,183.33
D) $1,245.61
E) $1,311.17

Correct Answer:

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