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Consider the following timeline detailing a stream of cash flows: Date Cash flow If...

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Finance

Consider the following timeline detailing a stream of cash flows:
Date
Cash
flow
If the current market rate of interest is 7%, then the present value (PV) of this stream of cash flows is closest to:
A. $21,731
B. $10,866
C. $26,077
D. $34,770
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