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a. What is the present value of the following set of cash flows, discounted at 10.2% per year? Year CF $9 2 $18 3
a. What is the present value of the following set of cash flows, discounted at 10.2% per year? Year CF $9 2 $18 3 $27 b. What is the present value of the following set of cash flows, discounted at 10.2% per year? 5 $36 $45 Year 2 3 4 5 CF $45 $36 $27 $18 $9 c. Each set contains the same cash flows ($9, $18, $27, $36, $45), so why is the present value different?
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
3rd Edition
013350767X, 978-0133507676
