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Consider the Following Timeline Detailing a Stream of Cash Flows

Question 11

Multiple Choice

Consider the following timeline detailing a stream of cash flows: Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%, then the present value (PV) of this stream of cash flows is closest to: A) $22,871 B) $26,000 C) $24,074 D) $21,211 If the current market rate of interest is 8%, then the present value (PV) of this stream of cash flows is closest to:


A) $22,871
B) $26,000
C) $24,074
D) $21,211

Correct Answer:

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