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% 19. B) 8.18% C) 7.18% D) 4.14%) E) none of the above

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