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you have been offered an opportunity to receive $1,500 at the end of two years....

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Accounting

you have been offered an opportunity to receive $1,500 at the end of two years. you can earn an 8% rate of return on your next-best alternative investment. How much are you willing to invest/deposit today (t=0) to have the opportunity to receive $1,500 at the end of two years, given that your interest rate is 8%

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