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    Principles of Corporate Finance Study Set 3
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    Exam 2: How to Calculate Present Values
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    If the Annual Interest Rate Is 12 Percent, What Is
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If the Annual Interest Rate Is 12 Percent, What Is

Question 47

Question 47

Multiple Choice

If the annual interest rate is 12 percent, what is the two-year discount factor?


A) 0.7972
B) 0.8929
C) 1.2544
D) 0.8065

Correct Answer:

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