If the current market rate of interest is 10%, then the present value (PV) of this stream of cash flows is closest to ________

A) $10,114
B) $20,227
C) $24,272
D) $32,363

Answer: B

Business

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Indicate whether the statement is true or false

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Firms that use a polycentric staffing approach will most likely employ ________ for positions at foreign facilities

A) expatriates B) contingent workers C) third-country nationals D) host-country nationals

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