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Consider the Following Time Line: If the Current Market

Question 59

Multiple Choice

Consider the following time line: Consider the following time line: If the current market rate of interest is 8%, then the present value of this timeline is closest to: A) $1000 B) $857 C) $860 D) $926 If the current market rate of interest is 8%, then the present value of this timeline is closest to:


A) $1000
B) $857
C) $860
D) $926

Correct Answer:

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