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(1 point) Consider cash flows [C1, C2, C3] = [ $300, $500, $350] to be received at times [T1, T2, T3] = [1.5, 2.75, 3.25]

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(1 point) Consider cash flows [C1, C2, C3] = [ $300, $500, $350] to be received at times [T1, T2, T3] = [1.5, 2.75, 3.25] (in years). The appropriate discount rate for all three cash flows is 3% compounded continuously. (a) Determine the present value of the cash flow stream. Express your answer in dollars, to the nearest cent. Present Value = $ (b) What fraction of the stream's present value can be attributed to the second cash flow? Express your answer as a percent, to the nearest ten basis points. Fraction = % (c) What is the duration of the stream? Express your answer in years, to two decimal places. Duration = Years (1 point) Consider cash flows [C1, C2, C3] = [ $300, $500, $350] to be received at times [T1, T2, T3] = [1.5, 2.75, 3.25] (in years). The appropriate discount rate for all three cash flows is 3% compounded continuously. (a) Determine the present value of the cash flow stream. Express your answer in dollars, to the nearest cent. Present Value = $ (b) What fraction of the stream's present value can be attributed to the second cash flow? Express your answer as a percent, to the nearest ten basis points. Fraction = % (c) What is the duration of the stream? Express your answer in years, to two decimal places. Duration = Years

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