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    Exam 13: Trade-Offs Involving Time and Risk and Open Economy Macroeconomics
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    What Is the Discounted Value of $60,000 to Be Received
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What Is the Discounted Value of $60,000 to Be Received

Question 1

Question 1

Multiple Choice

What is the discounted value of $60,000 to be received after 6 years if the ongoing rate of interest is 6 percent per year?


A) $41,212.84
B) $42,297.63
C) $44,666.95
D) $51,220.64

Correct Answer:

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