2) Consider the following time line: Date 0 1 2 $1000 Cash flow If the current market rate of interest is 8%, then the p
Posted: Thu Dec 23, 2021 9:12 am
2) Consider the following time line: Date 0 1 2 $1000 Cash flow If the current market rate of interest is 8%, then the present value of the cash flows on this timeline is closest to: A) $1000. B) $857. C) $860. D) $926.