The present value of $100 received at the end of year 1, $200 received at the end of year 2, and $300 received at the end of year 3, assuming an opportunity cost of 13 percent is: (Round to the nearest whole dollar)
A) $453
B) $416
C) $1,181
D) $500
A
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A. 3,333 units B. 3,667 units C. 13,500 units D. 9,000 units
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