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Question 1: Which of the following best describes present value?
A. The current value of holdings
B. The current value of holdings and how much it will grow over time at a given rate of return
C. The desired value in the future and what needs to be invested today to realize that amount
D. The difference between the desired value in the future and the current value as a percentage of
the desired value
Correct Answer: C
1   2   3   4   5   6   7   8   
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