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16 April, 10:04

Cash of $12,000 will be received in year 6. Assuming an opportunity cost of capital of 7.2%, which of the following is true? The future value is $18,212 The present value is $7,996 The present value is $7,907 Provide data for tax purposes None of the above

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  1. 16 April, 10:18
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    The present value is $7,907

    Explanation:

    12000 (1+0.072) ^-6=7907 (round up)
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