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What is the discount factor for todays prices

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Reference no: EM132498850

Question 1: Olivia is 18 and would like to buy a house when she is 30. What is the discount factor for today's prices if the housing values increase 8% per year ?

Option 1: 39.7%

Option 2: 60.3%

Option 3: 92.6%

Option 4: 96.0%

Reference no: EM132498850

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