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a stream of payments consists of 500 at the end of year 1, $750 at 1.5 years, and 1000 at year 3, assume compounds interest
a stream of payments consists of 500 at the end of year 1, $750 at 1.5 years, and 1000 at year 3, assume compounds interest and nominal rate of interest of 8% convertible semiannually.
a) find the present value of the stream of payments
b) find the value of this stream of payments at the end of the second year
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