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Consider the Following Timeline: If the Current Market Rate

question 55

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Consider the following timeline: Consider the following timeline:   If the current market rate of interest is 8%,then the value as of year 1 is closest to: A) $0 B) $1003 C) $540 D) $77 E) $40 If the current market rate of interest is 8%,then the value as of year 1 is closest to:


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