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Consider the following timeline: Date Casil flow If the current market rate of interest is 1 1 % , then the present value ( PV

Consider the following timeline:

Date

Casil

flow

If the current market rate of interest is

11 %,

then the present value

(

)

of this timeline as of year

0

is closest to:

.

472

.

944

.

600

.

614

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