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3. Two offers to purchase an asset are given below: $2000 today and $8000 in 5 months $6000 in 2 months and $4000 in 4

3. Two offers to purchase an asset are given below: $2000 today and $8000 in 5 months $6000 in 2 months and $4000 in 4 months Find the equivalent economic value of these payment streams with 8% compounded monthly to determine which is the better offer.

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