What is the present value of $100,000 that will be received 20 years from now if the nominal discount rate is 11 percent, discounted continuously?
A) $21,240
B) $11,080
C) $16,421
D) none of the above

Name: What is the present value of $100,000 that will be received 20 years from now if the nominal discount rate is 11 percent, discounted continuously? A) $21,240 B) $11,080 C) $16,421 D) none of the above
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The Answer is B

What Is the Present Value of $100,000 That Will Be