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

Question

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

Quizplus · Accepted Answer

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

Consider the Following Timeline: If the Current Market Rate