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10.) What is the time 3 value of the following cash flows? Assume the interest rate is 6%. Date Cash Flow 1 $700 2 $500
10.)
What is the time 3 value of the following cash flows? Assume the interest rate is 6%.
| Date | Cash Flow |
| 1 | $700 |
| 2 | $500 |
| 3 | $300 |
| 4 | $800 |
Group of answer choices:
$1,991
$3,268
$2,371
$2,041
$2,514
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International Financial Management
Authors: Cheol Eun, Bruce Resnick
4th Edition
0072996862, 9780072996869
