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ivanhoe company will receive $730,000 in a future year. if the future receipt is discounted...

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Accounting

Ivanhoe company will receive $730,000 in a future year. If the future receipt is discounted at an interest rate of 10%. Its present value is 453,272. In how many years will the $730,000 be received? A. 7 years B. 6 years C. 4 years D. 5 years

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