Question: question 11 Derek $32,000.00 exactly 22 years from today. Assuming that Derek believes the appropriate discount rate is 12% p.a., he should be willing to

question 11 Derek $32,000.00 exactly 22 years from today. Assuming that

question 11

Derek $32,000.00 exactly 22 years from today. Assuming that Derek believes the appropriate discount rate is 12% p.a., he should be willing to pay $_ _____ for this investment. 1) 3,425.35 2) 2,961.91 3) 2,361.22 4) 3,219.89 5) 2.644.56

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