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5. Suppose you are promised a series of future cash flows (C1 = $500, C2=$700, C3=$0 and C4=$1100), and your required rate of return is

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5. Suppose you are promised a series of future cash flows (C1 = $500, C2=$700, C3=$0 and C4=$1100), and your required rate of return is 6%. What is the worth to you in today's dollars of this series of future cash flows

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