Consider the Following Timeline Detailing a Stream of Cash Flows

question 37

Multiple Choice

Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 8%, then the present value (PV) of this stream of cash flows is closest to ________.

• A) $242
• B) $581
• C) $484
• D) $774

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Definitions:

Heterozygous

Having two different alleles of a particular gene or genes, resulting in a variation of the trait.

Chromosomes

Chromosomes are thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA), carrying genetic information in the form of genes.

Genes

Segments of DNA located on chromosomes that code for proteins, determining the inheritance of physical and some behavioral traits.

Genes

Units of heredity found in all living organisms that carry information for the development, functioning, and reproduction of organisms.