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    Exam 15: Interest Rates and the Capital Market
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    The Present Value of $100 to Be Received One Year
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The Present Value of $100 to Be Received One Year

Question 26

Question 26

Multiple Choice

The present value of $100 to be received one year from now,with an annual interest rate of 6%,is


A) $94.00.
B) $94.34.
C) $95.27.
D) $102.13.
E) $106.00.

Correct Answer:

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