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How much will the firm expect to receive from investment

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Reference no: EM132588362

Question 1: A firm's one year investment has a present value of $2 million. If the initial outlay at T0 is $22 million and the time value of money is 7.5% p.a., how much will the firm expect to receive from its investment at the end of this year?

Option a. $24 million

Option b. $23.65 million

Option c. $25.8 million

Option d. $22 million

Reference no: EM132588362

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