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What is the present value of 900 to be received at the end

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What is the present value of $800 to be received at the end of one year if it must provide a return of 8%? What is the present value of $900 to be received at the end of one year? $1,500? What can you conclude about the effect of the amount expected to be received on its present value?

Reference no: EM13483677

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