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What is the most you would pay today for a promise to repay

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What is the most you would pay today for a promise to repay you $3400 at the end of 5 years if your opportunity cost is 13%?

Reference no: EM131006481

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What is the most you would pay today for a promise to repay : What is the most you would pay today for a promise to repay you $3400 at the end of 5 years if your opportunity cost is 13%?
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