Mathematics, 22.02.2020 04:55 Dennismommie

The 2-year discount factor is 0.80. a. What is the present value of $1 to be received in year 2? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. What is the present value of $2,850? (Do not round intermediate calculations.)

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The 2-year discount factor is 0.80. a. What is the present value of $1 to be received in year 2? (Do...