Question: Question 5 (3 points) A company will receive a payment of $500,000 three years from now. Assume that this company's cost of capital is 10.25%

Question 5 (3 points) A company will receive a payment of $500,000 three years from now. Assume that this company's cost of capital is 10.25% per year. How much is the present value of this payment? A) $373,108. B) $665,500 C) $375,657. D) $670,048
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