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Consider the Following Timeline Detailing a Stream of Cash Flows

Question 98

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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 (PV) of this stream of cash flows is closest to: A)  $22,871 B)  $21,211 C)  $24,074 D)  $26,000 E)  $19,111
If the current market rate of interest is 8%,then the present value (PV) of this stream of cash flows is closest to:


A) $22,871
B) $21,211
C) $24,074
D) $26,000
E) $19,111

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