Question: ( LO 9 . 3 ) The present value of $ 4 5 , 0 0 0 received in Year 5 cash flows would be

(LO 9.3) The present value of $45,000 received in Year 5 cash flows would be computed as which of these? 5 a. $45,000/(1.10) b. $45,000/(1.10)55 c. $45,000/(1.10) d. $45,000/(1.10)

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