An employee just calculated the present value of a $12,500 bonus he expects to receive...
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Accounting
An employee just calculated the present value of a $ bonus he expects to receive next year. The interest rate he used in his calculation is referred to as the: Multiple Choice current yield. effective rate. compound rate. simple rate. discount rate. 
An employee just calculated the present value of a $ bonus he expects to receive next year. The interest rate he used in his calculation is referred to as the:
Multiple Choice
current yield.
effective rate.
compound rate.
simple rate.
discount rate.
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