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Consider the following timeline: Date 0 1 2 $500 ? -$500 Cash flow If the current market rate of interest is 10%, then the value
Consider the following timeline: Date 0 1 2 $500 ? -$500 Cash flow If the current market rate of interest is 10%, then the value as of year 1 is closest to: A. $0 B. $1000 C. $600 D. $95
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