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Assuming the Interest Rate Is 6 Percent, Which of the Following

Question 23

Multiple Choice

Assuming the interest rate is 6 percent, which of the following has the greatest present value?


A) $300 paid in two years
B) $150 paid in one year plus $140 paid in two years
C) $100 paid today plus $100 paid in one year plus $100 paid in two years
D) $285 today

Correct Answer:

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