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Question 23 (1 point) You are to receive $800 in 5 years. If the discount rate suddenly increases, the present value of the $500 will: O a. Increase b. Decrease 5 c. Stay the same 20 d. Cannot tell Save Question 24 (G point)
Question 24 (1 point) An investment pays $500 at the end of every 6 months (semi-annually) for the next 3 years. If the annual interest rate is 12% compounded semi-annually, the present value of the investment is: a. $1,336.51. b. $2,451.73 c. $2.458.66 20 d. $2,708.60 Save Save All Go to Submit Quiz

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