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Consider the Following Timeline: If the Current Market Rate

Question 22

Multiple Choice

Consider the following timeline: Consider the following timeline: If the current market rate of interest is 9%,then the present value of this timeline as of year 0 is closest to: A) $492 B) $637 C) $600 D) $400 If the current market rate of interest is 9%,then the present value of this timeline as of year 0 is closest to:


A) $492
B) $637
C) $600
D) $400

Correct Answer:

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