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7. Led Zeppelin Blimp Co, expects to receive $500 per year for 15 years. Assuming a 78 discount rate, what is the present value of

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7. Led Zeppelin Blimp Co, expects to receive $500 per year for 15 years. Assuming a 78 discount rate, what is the present value of these cash flows and the future value (in year 15) of these cash flows? PV=(mrCF)[1(1+mr)mn1] FV=mrCF(1+mr)mn1 8. In the problem above, Led Zeppelin Blimp Co. will receive the payments monthly instead of annually; $41.67/ month ($500/12= $41.67). What is the present value of the cash flows and the future value (in year 15) of these cash flows assuming the same 7% interest rate

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