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Consider the Following Timeline: If the Current Market Rate

Question 7

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 10%,then the future value of the cash flows on this timeline is closest to: A) $666. B) $500. C) $605. D) $650. If the current market rate of interest is 10%,then the future value of the cash flows on this timeline is closest to:


A) $666.
B) $500.
C) $605.
D) $650.

Correct Answer:

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