Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:

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The Answer of Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:

Consider the Following Timeline Detailing a Stream of Cash Flows