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Random Enterprises signed a discounted note on Jan 1, 2010 promising to pay the lender $10 million in 2

Random Enterprises signed a discounted note on Jan 1, 2010 promising to pay the lender $10 million in 2 years, and will not make periodic interest payments. The lender wants to earn a 12% APR. How much cash will Random receive on Jan 1, 2010?

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