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With a Constant Nominal Interest Rate Equal to I,the Present

Question 81

Multiple Choice

With a constant nominal interest rate equal to i,the present discounted value of $1.00 to be received 4 years from today is equal to

A) 1 + i.
B) i⁴.
C) (1 + i) ⁴.
D) 1 / (1 + i) ⁴.
E) 4(1 + i) .

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