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

Question

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

Quizplus · Accepted Answer

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

Consider the Following Timeline: If the Current Market Rate