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    Exam 4: The Time Value of Money
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    Consider the Following Timeline Detailing a Stream of Cash Flows
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Consider the Following Timeline Detailing a Stream of Cash Flows

Question 60

Question 60

Multiple Choice

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 10%,then the present value of this stream of cash flows is closest to: A) $674 B) $600 C) $460 D) $287
If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:


A) $674
B) $600
C) $460
D) $287

Correct Answer:

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