Izzabellareese6668 Izzabellareese6668
  • 20-03-2024
  • Business
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If a security pays $55 in one year and $133 in three years, its present value is $150 if the interest rate is ________

a. 5 percent.
b. 10 percent.
c. 12.5 percent.
d. 15 percent.

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