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2. Alpha invests $20,000 at time 0 , and receives a $10,000 payment at the end of year 1 , receives $5000 at the end
2. Alpha invests $20,000 at time 0 , and receives a $10,000 payment at the end of year 1 , receives $5000 at the end of year 2 and receives X at the end of year 3 . a. Write the EOV at the yield rate i for Alpha's investment. b. If Alpha is expecting an annual yield rate of 8%, determine the receipt X
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