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

Name: 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
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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

The Answer is B

Consider the Following Timeline Detailing a Stream of Cash Flows