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    Exam 21: Rents, Profits, and the Financial Environment of Business
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    Given a Discount Rate of 10 Percent, the Present Value
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Given a Discount Rate of 10 Percent, the Present Value

Question 424

Question 424

Multiple Choice

Given a discount rate of 10 percent, the present value of receiving $100,000 two years in the future is


A) $12,000.
B) $80,000.
C) $82,645.
D) $121,000.

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