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You Have Made an Investment Which Will Pay You $10,485

Question 48

Multiple Choice

You have made an investment which will pay you $10,485 in one year's time.If the discount factor is 0.9728,what is the present value of your investment?


A) $10,200
B) $10,000
C) $10,485
D) $10,778
E) $10,400

Correct Answer:

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