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Wylie has been offered the choice of receiving $5,200 today or an agreed-upon amount in 1 year.

Wylie has been offered the choice of receiving $5,200 today or an agreed-upon amount in 1 year. While negotiating the future amount, Wylie notes that he would be willing to take no less than $5,700 if he has to wait a year. What is his TVOM in %?

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