Multiple Choice
The present value of $100 received at the end of year 1, $200 received at the end of year 2, and $300 received at the end of year 3, assuming an opportunity cost of 13 percent, is ________.
A) $ 453
B) $ 416
C) $1,181
D) $ 500
Correct Answer:
Verified
Correct Answer:
Verified
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