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Consider the following timeline: 0-? 1-$100 2-$200 3-$300 If the current market rate of interest is 11%, then the present value (PV) of this timeline
Consider the following timeline:
0-?
1-$100
2-$200
3-$300
If the current market rate of interest is 11%, then the present value (PV) of this timeline as of year 0 is closest to:
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