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Consider the Following Timeline: If the Current Market Rate

Question 109

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 7%, then the value as of year 1 is closest to ________. A) $0 B) $1000 C) $570 D) $68 If the current market rate of interest is 7%, then the value as of year 1 is closest to ________.


A) $0
B) $1000
C) $570
D) $68

Correct Answer:

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