Solved

You Expect to Receive $5, 000 in 25 Years

Question 16

Multiple Choice

You expect to receive $5, 000 in 25 years.How much is it worth today if the discount rate is 5.5%?

A) $1, 067.95
B) $1, 124.16
C) $1, 183.33
D) $1, 245.61
E) $1, 311.17

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