Multiple Choice
At a rate of 6.25%,what is the present value of the following cash flow stream: $0 at Time 0; $75 at the end of Year 1; $225 at the end of Year 2; $0 at the end of Year 3; and $300 at the end of Year 4?
A) $433.23
B) $456.03
C) $480.03
D) $505.30
Correct Answer:
Verified
Correct Answer:
Verified
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