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Consider the timeline detailing a stream of cash flows: If the current market rate of interest is 5%, then the future value of this stream
Consider the timeline detailing a stream of cash flows:
If the current market rate of interest is 5%, then the future value of this stream of cash flows as of year 3 is closest to:
(rounding numbers to 1 decimal place)
A. | 650 | |
B. | 680 | |
C. | 700 | |
D. | 600 |
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