1.1A.9 You are offered the choice of two payment streams: a. $150 paid one year from now...

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1.1A.9 You are offered the choice of two payment streams:

a. $150 paid one year from now and $150 paid two years from now

b. $130 paid one year from now and $160 paid two years from now. Which payment stream would you prefer if the interest rate is 5 percent? If it is 15 percent?

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