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Consider the following timeline detailing a stream of cash flows: Date If the current market rate of interest is 7%, then the present value (PV)

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Consider the following timeline detailing a stream of cash flows: Date If the current market rate of interest is 7%, then the present value (PV) of this stream of cash flows is closest to: A. $26,077 B. $21,731 C. $34,770 D. $10,866

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