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Business, 15.07.2020 20:01 maggie9459

Consider the following timeline detailing a stream of cash flows: The timeline starts at Date 0 and ends at Date 4. The cash flow on Date 0 is indicated by a question mark. On Date 1, the cash flow is 5,000 dollars. On Date 2, the cash flow is 6,000 dollars. On Date 3, the cash flow is 7,000 dollars. On Date 4, the cash flow is 8,000 dollars. If the current market rate of interest is 9%, then the present value (PV) of this stream of cash flows is closest to:

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Consider the following timeline detailing a stream of cash flows: The timeline starts at Date 0 and...
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