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Business, 17.03.2020 16:59 bigblow

Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens to the present value of this gift if you speed up your graduation by one year and graduate two years from now?

a) remains constant

b) increases

c) decreases

d) becomes negative

e) cannot be determined from the information provided

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Answers: 1

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