Question: 10 years from now, you will receive a payment, which is 1.5 times the present value of this payment. If the discount rate is the

 10 years from now, you will receive a payment, which is

10 years from now, you will receive a payment, which is 1.5 times the present value of this payment. If the discount rate is the same for every year, what is the annual discount rate ? A) 8.10% B) 8.18% C) 7.18% D) 4.14% E) none of the above 19. 20. You will receive a payment, which is If the discount rate is 7% every year, which year will you receive this payment? A) 4 years B) 5 years C) 6 years D) 7 years E) none of the above 1.5 times the present value of this payment. 6

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