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    Exam 4: The Time Value of Money
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    You Are Given the Following Cash Flows
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You Are Given the Following Cash Flows

Question 49

Question 49

Multiple Choice

You are given the following cash flows.What is the present value (t = 0) if the discount rate is 12 percent? You are given the following cash flows.What is the present value (t = 0) if the discount rate is 12 percent?   A)  $3,277 B)  $4,804 C)  $5,302 D)  $4,289 E)  $2,804


A) $3,277
B) $4,804
C) $5,302
D) $4,289
E) $2,804

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