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Consider the Following Timeline: If the Current Market Rate

Question 8

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 9%, then the present value (PV) of this timeline as of year 0 is closest to: A) $400 B) $600 C) $492 D) $637 If the current market rate of interest is 9%, then the present value (PV) of this timeline as of year 0 is closest to:


A) $400
B) $600
C) $492
D) $637

Correct Answer:

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