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Question
Present Value Factor for Reversion of $1
Using only the information above, approximately how much would you pay today for an investment that pays $0 annual interest, but earns 8% interest over the next four years and has a face value at maturity of $13,500?
A. $8,000
B. $9,000
C. $10,000
D. $11,000
Answer
This answer is hidden. It contains 2 characters.
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