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Consider the following timeline detailing a stream of cash flows: Date 0 2 3 ? $100 $100 $200 $200 Cash flow If the current market
Consider the following timeline detailing a stream of cash flows: Date 0 2 3 ? $100 $100 $200 $200 Cash flow If the current market rate of interest is 6%, then the present value (PV) of this stream of cash flows is closest to: A. $816 B. $510 C. $255 D. $612
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