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Consider the Following Time Line: If the Current Market

Question 31

Multiple Choice

Consider the following time line: Consider the following time line: If the current market rate of interest is 8%,then the present value of the cash flows on this timeline is closest to: A) $1000. B) $857. C) $860. D) $926. If the current market rate of interest is 8%,then the present value of the cash flows on this timeline is closest to:


A) $1000.
B) $857.
C) $860.
D) $926.

Correct Answer:

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