What is the present value of the following investment opportunity. You invest $10,000 now and another $10,000 in one year. In return you receive $23,000 in two years. Other opportunities available with similar risk yield about 12%.
A)$9406.60
B)$593.40
C)($593.40)
D)$8,929

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The Answer of What is the present value of the following investment opportunity. You invest $10,000 now and another $10,000 in one year. In return you receive $23,000 in two years. Other opportunities available with similar risk yield about 12%.
A)$9406.60
B)$593.40
C)($593.40)
D)$8,929

What Is the Present Value of the Following Investment Opportunity