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2) Consider the following time line: Date 0 1 2 $1000 Cash flow If the current market rate of interest is 8%, then the present

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2) Consider the following time line: Date 0 1 2 $1000 Cash flow If the current market rate of interest is 8%, then the present value of the cash flows on this timeline is closest to: A) $1000. B) $857. C) $860. D) $926

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