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Consider the Following Timeline Detailing a Stream of Cash Flows

Question 51

Multiple Choice

Consider the following timeline detailing a stream of cash flows: Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%,then the present value of this stream of cash flows is closest to: A) $22,871. B) $21,211. C) $24,074. D) $26,000. If the current market rate of interest is 8%,then the present value of this stream of cash flows is closest to:


A) $22,871.
B) $21,211.
C) $24,074.
D) $26,000.

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