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( 2 0 pts ) Calculate the time - 0 present value of the following two streams of cash flows ( CFs ) . Assume

(20 pts) Calculate the time-0 present value of the following two streams of cash flows
(CFs). Assume 5% interest rate per period. CF(t) means the cash flow at period t.
a. pts)CF(0)=$10,CF(1)=$55,CF(2)=$70. Starting from period 3(including
period 3),CF is $100 forever.
b.(10 pts)CF(0)=$5. Starting from period 1(including period 1),CF is $10 forever,
except for period 15, when the CF(15)=$20.
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