Question: What is the present value (today) of the following cash flows at an interest rate of 12 percent per year? a. $100 received today. b.
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What is the present value (today) of the following cash flows at an interest rate of 12 percent per year?
a. $100 received today.
b. $100 received five years from now.
c. $100 received 10,000 years from now.
d. $100 received each year beginning one year from now and ending ten years from now.
e. $100 received each year beginning one year from now and continuing forever.
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