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A cash flow at time zero (now) of $11,454 is equivalent to another cash flow that is an EOY annuity of $2,200 over seven years
A cash flow at time zero (now) of $11,454 is equivalent to another cash flow that is an EOY annuity of $2,200 over seven years (starting at year 1). Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same seven-year time interval? Assume that the cash flow at the end of year one is zero. Choose the correct answer below OA. $817 O B. $329 O C. $582 OD, $1,200 0 E. Not enough information given
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