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10) Consider the following timeline: Date Cash flow 0 ? 1 $100 $200 $300 If the current market rate of interest is 9%, then the
10) Consider the following timeline: Date Cash flow 0 ? 1 $100 $200 $300 If the current market rate of interest is 9%, then the present value of the cash flows on this timeline as of year 0 is closest to: A) $492. B) $637. C) $600. D) $400. 19
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