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15. David can receive one of the following two payment streams: (a) 100 at time 0 and 200 at time 10 (b) 350 at time

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15. David can receive one of the following two payment streams: (a) 100 at time 0 and 200 at time 10 (b) 350 at time 10 At an annual effective interest rate of i, the present values of the two streams are equal. Determine i. (A) 3.5% (B) 3.7% (C) 3.9% (D) 4.1% (E) 4.3%

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