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Consider the following timeline detailing a stream of cash? flows:

0 - $1,000, 1 - $2,000, 2 -$3,000, 3- $4,000, 4 - ?

If the current market rate of interest is 7?%,

then the future value? (FV) of this stream of cash flows is closest? to:

A. $ $18,362

B. $ $13,771

C. $ $11,476

D. $ $5,738

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92054674

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