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Consider the following timeline detailing a stream of cash flows: Date Cas ! flow If the current market rate of interest is 9 % ,

Consider the following timeline detailing a stream of cash flows:
Date
Cas!
flow
If the current market rate of interest is 9%, then the present value (PV) of this stream of cash flows is closest to:
A. $20,710
B. $24,852
C. $33,136
D. $10,355
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