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What is the present value of $1,300 to be recieved 12 years from now assuming a...

What is the present value of $1,300 to be recieved 12 years from now assuming a discount rate of 3.9% during the first 6 years, and a discount rate of 5.4% for the remainder of the period?

A. $1,982

B. $754

C. $447

D. $990

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