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Economics

You are offered a choice between $5000 today or $10,000 in 5 years. If you choose the $10,000 in 5 years, this implies that

A. your discount rate is less than 15%

B. your discount rate is more than 15%

C. your discount rate must be between 50% and 100%

D. your discount rate is greater than 100%

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91676421

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