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  3. Study Set
    Foundations of Finance
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    Exam 5: The Time Value of Money
  5. Question
    An Investment Will Pay $500 in Three Years,$700 in Five
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An Investment Will Pay $500 in Three Years,$700 in Five

Question 136

Question 136

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An investment will pay $500 in three years,$700 in five years and $1000 in nine years.If your opportunity rate is 6%,what is the present value of this investment?

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