About the implies

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Reference no: EM13982661

You are offered a choice between $5000 today or $10,000 in 5 years. If you choose the $10,000 in 5 years, this implies that

A. your discount rate is less than 15%

B. your discount rate is more than 15%

C. your discount rate must be between 50% and 100%

D. your discount rate is greater than 100%

Reference no: EM13982661

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