Question: What is the present value at year zero for the following cash flow at a discount rate of 10%? At year zero (now), you receive

What is the present value at year zero for the following cash flow at a discount rate of 10%? At year zero (now), you receive $12,000. Select one: a. $9,015.78 b. $12,000.00 c. $9,917.36 d. $10,909.09 e. None of the above
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