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    Exam 4: The Time Value of Money
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    Consider the Following Timeline: If the Current Market Rate
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Consider the Following Timeline: If the Current Market Rate

Question 1

Question 1

Multiple Choice

Consider the following timeline: Consider the following timeline:   If the current market rate of interest is 12%,then the net present value of the cash flows is closest to: A)  $20.6678 B)  $320.6678 C)  -$20.6678 D)  $70.00 If the current market rate of interest is 12%,then the net present value of the cash flows is closest to:


A) $20.6678
B) $320.6678
C) -$20.6678
D) $70.00

Correct Answer:

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