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6. What is the present value of end-of-year cash flows of $1,000 per year, with the first cash flow received three years from today and

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6. What is the present value of end-of-year cash flows of $1,000 per year, with the first cash flow received three years from today and the last one 10 years from today? Use a discount rate of 12 percent (10 POINT) 7. Calculate issue price of T-bills if the nominal value is 100.000 TL interest rate % 12 and maturity is 95 days. (10 POINT)

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