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Consider the Following Timeline: If the Current Market Rate

Question 18

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 8%,then the present value of this timeline is closest to: A) $1,000 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) $1,000
B) $857
C) $860
D) $926

Correct Answer:

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