Multiple Choice
You are scheduled to pay a $350 cash flow in one year, and receive a $1,000 cash flow in years 3 and 4. If interest rates are 10 percent per year, what is the combined present value of these cash flows?
A) $991.38
B) $1,097.14
C) $1,116.14
D) $1,213.92
Correct Answer:
Verified
Correct Answer:
Verified
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