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Which of the following best describes present value?

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

Answer: C

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