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Homework answers / question archive / Sunland Company will receive $397000 in 7 years

Sunland Company will receive $397000 in 7 years

Accounting

Sunland Company will receive $397000 in 7 years. If the appropriate interest rate is 10%, the present value of the $397000 receipt is
 

  $773642.
  $599470.
  $202470.
  $203725.

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