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( 1 point ) The interest rate is 6 % and cash flows are $ 8 6 0 at the end of year one and
point The interest rate is and cash flows are $ at the end of year one and $ at the end of year two.
What is the present value of these cash flows at the beginning of year one?
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Understanding Housing Finance
Authors: Peter King
2nd Edition
0415432952, 978-0415432955
