a. Describe how to calculate the future value of a series of cash flows. b. Describe how

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a. Describe how to calculate the future value of a series of cash flows.

b. Describe how to calculate the present value of a series of cash flows.

c. Unless we are explicitly told otherwise, what do we always assume about the timing of cash flows in present and future value problems?

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Essentials Of Corporate Finance

ISBN: 9781265414962

11th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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