Consider the following timeline detailing a stream of cash flows: If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:
A)$674.
B)$600.
C)$460.
D)$287.

Question

Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:
A)$674. 
B)$600. 
C)$460. 
D)$287.

Quizplus · Accepted Answer

The Answer of Consider the following timeline detailing a stream of cash flows:  If the current market rate of interest is 10%,then the present value of this stream of cash flows is closest to:
A)$674. 
B)$600. 
C)$460. 
D)$287.

Consider the Following Timeline Detailing a Stream of Cash Flows