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Also find PW for series A and B if TVOM is 10% and 5%. Please and thank you! Consider the following two cash flow series

Also find PW for series A and B if TVOM is 10% and 5%. Please and thank you! image text in transcribed
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Consider the following two cash flow series of payments: Series A is a geometric series increasing at a rate of 9% per year. The initial cash payment at the end of year 1 is $1,000. The payments occur annually for 5 years. Series B is a uniform series with payments of value X occurring annually at the end of years 1 through 5. You must make the payments in either Series A or Series B. Parta Your answer is correct. Determine the value of X for which these two series are equivalent if your TVOM ISI - 3.5%. $ 1190 Your answer is incorrect. If your TVOM is 8%, would you be indifferent between these two series of payments? Enter the PW for each series to support this choice. PW. Series A: $ PW, Series B: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 15%

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