← Consider the following timeline detailing a stream of cash flows: Date $5000 OA. $24,852 OB. $33,136 OC. $10,355 OD. $20,710 2 3 $6000 $7000 $8000 Cash flow If the current market rate of interest is 9% , then the present value (PV) of this stream of cash flows is closest to:

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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K
Consider the following timeline detailing a stream of cash flows:
Date
0
?
2
OA. $24,852
OB. $33,136
OC. $10,355
OD. $20,710
$5000 $6000 $7000 $8000
Cash
flow
If the current market rate of interest is 9%, then the present value (PV) of this stream of cash flows is closest to:
Transcribed Image Text:K Consider the following timeline detailing a stream of cash flows: Date 0 ? 2 OA. $24,852 OB. $33,136 OC. $10,355 OD. $20,710 $5000 $6000 $7000 $8000 Cash flow 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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