Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to ________.
A) $10,114
B) $20,227
C) $24,272
D) $32,363

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to ________.
A) $10,114 
B) $20,227 
C) $24,272 
D) $32,363

Quizplus · Accepted Answer

B) 11ea84dc_f577_c53c_9a63_93eece100e79_TB1316_00_TB1316_00

Consider the Following Timeline Detailing a Stream of Cash Flows