Question: Iris will receive $ 1 . 0 5 million in 2 5 years. The discount rate is 1 4 % . As an alternative, she

Iris will receive $1.05 million in 25 years. The discount rate is 14%. As an alternative, she can receive $39,900 today. Which should she choose?
Multiple Choice
she should be indifferent.
need more information.
the $1.05 million dollars in 25 years.
$39,900 today.

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