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9 Consider the two cash flow streams: Cash Flow Stream 1 Year 0 -500 2 300 3 800 Payments 800 500 200 Cash Flow Stream

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Consider the two cash flow streams: Cash Flow Stream 1 Year 0 -500 2 300 3 800 Payments 800 500 200 Cash Flow Stream 2 Year 0 2 Payments1000 C/2 C/2 0 C/2 These two cash flows are equivalent at an interest rate of 6.6% compounded annually. What is the value of C? Keep your answer to 2 decimal places, e.g, 987.12)

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