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: (Round to the nearest whole dollar)
A) $453
B) $416
C) $1,181
D) $500
Correct Answer:
Verified
Correct Answer:
Verified
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