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)-$78.71
C)$78.71
D)$1.29

Question

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)-$78.71 
C)$78.71 
D)$1.29

Quizplus · Accepted Answer

The Answer of 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)-$78.71 
C)$78.71 
D)$1.29

Consider the Following Timeline