If $10,000 is invested in a certain business at the start of the year, the investor will

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If $10,000 is invested in a certain business at the start of the year, the investor will receive $3,000 at the end of each of the next four years. What is the present value of this business opportunity if the interest rate is 7% per year?

a. 194

b. 81

c. 162

d. 259

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Financial Reporting Financial Statement Analysis and Valuation a strategic perspective

ISBN: 978-1285190907

8th edition

Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw

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Posted Date: Feb 06, 2024 11:01 AM

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