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    Foundations of Finance
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    Exam 5: The Time Value of Money
  5. Question
    What Is the Value on 1/1/13 of the Following Cash
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What Is the Value on 1/1/13 of the Following Cash

Question 112

Question 112

Multiple Choice

What is the value on 1/1/13 of the following cash flows:
What is the value on 1/1/13 of the following cash flows:   Use a 7% discount rate,and round your answer to the nearest $10. A)  $153,270 B)  $128,490 C)  $112,350 D)  $107,330
Use a 7% discount rate,and round your answer to the nearest $10.


A) $153,270
B) $128,490
C) $112,350
D) $107,330

Correct Answer:

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