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11.a) Find the PV of the following stream of cash flows, if the discount rate is 7%: Years Cash Flow 1-15 $ 12,000 16-35 $
11.a) Find the PV of the following stream of cash flows, if the discount rate is 7%:
Years Cash Flow 1-15 $ 12,000 16-35 $ 18,000 36-40 $ 20,000
b) Following up on the above stream, what would the PV be if the 39th cash flow was missing? c) What would the FV of part (a) be? At the same 7% rate.
d) what would the FV be if the last cash flow was missing?
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