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Consider the Following Timeline: If the Current Market Rate

Question 85

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 8%,then the value of the cash flows as of year 1 is closest to: A) $0. B) $1003. C) $540. D) $77. If the current market rate of interest is 8%,then the value of the cash flows as of year 1 is closest to:


A) $0.
B) $1003.
C) $540.
D) $77.

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