Multiple Choice
Consider the following timeline: If the current market rate of interest is 12%,then the value of the cash flows in year 0 and year 2 as of year 1 is closest to:
A) $257.29
B) -$96.57
C) $78.71
D) $1.29
E) -$38.71
Correct Answer:

Verified
Correct Answer:
Verified
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