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Please show work! 16) Consider the following timeline detailing a stream of cash flows: Date 0 2 3 ? $5000 $6000 $7000 $8000 Cash flow
Please show work!
16) Consider the following timeline detailing a stream of cash flows: Date 0 2 3 ? $5000 $6000 $7000 $8000 Cash flow If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to 0 CF 5000 CF 6000 CF 7000 CF 8000 CF 10
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