Question: If you are indifferent between receiving $100 today and receiving $120 four years later, your required annual rate of return must be close to: 20.13

If you are indifferent between receiving $100 today and receiving $120 four years later, your required annual rate of return must be close to:

20.13 percent.

4.66 percent.

12.72 percent.

6.26 percent.

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