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A) $70 B) $19.61 C) $167.35 D) $98.7 6) Consider the following timeline: Date 0 -$500 $500 Cash flow If the current market rate of

A) $70 B) $19.61 C) $167.35 D) $98.7 6) Consider the following timeline: Date 0 -$500 $500 Cash flow If the current market rate of interest is 7%, then the value as of year 1 is closest to A) $0 B) -$68 C) $1000 D)-$570

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