The discount rate that is required to equate a future payment of $500 in three years to

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The discount rate that is required to equate a future payment of $500 in three years to a present value of $400 is _______________.

a. 4.7%

b. 6.5%

c. 7.7%

d. 8.8%

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Principles Of Finance

ISBN: 9798439388899

1st Edition

Authors: Julie Dahlquist, Rainford Knight

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Question Posted: Jun 23, 2022 01:20 AM

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The discount rate that is required to equate a future payment of $500 in three years to

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Principles Of Finance

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