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Consider the Following Timeline: If the Current Market Rate

Question 51

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 12%,then the present value of the cash flows is closest to: A) $20.67 B) $320.67 C) -$20.67 D) $70.00 If the current market rate of interest is 12%,then the present value of the cash flows is closest to:


A) $20.67
B) $320.67
C) -$20.67
D) $70.00

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