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9. Suppose you invest $10,000 today into an account that pays 10% per year. Two years from today, you invest another $10,000 into the account.
9. Suppose you invest $10,000 today into an account that pays 10% per year. Two years from today, you invest another $10,000 into the account. What will the account be worth in 5 years?
10. Suppose a company is looking to acquire a competitive firm and has estimated that incremental cash flows will be $2.34 billion in each of the next 5 years. If the discount rate is 10.34%, what is the present value of this stream of cash flows?
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