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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 31

Question 31

Multiple Choice

Consider the following timeline: Consider the following timeline:   If the current market rate of interest is 9%,then the present value of this timeline as of year 0 is closest to: A)  $492 B)  $637 C)  $600 D)  $400 If the current market rate of interest is 9%,then the present value of this timeline as of year 0 is closest to:


A) $492
B) $637
C) $600
D) $400

Correct Answer:

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