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An investment offers the following year-end cash flows: Year 1: $20,000, Year 2: 0, Year 3: $30,000 and Year 3: $15,000. Using 15% interest rate,
An investment offers the following year-end cash flows: Year 1: $20,000, Year 2: 0, Year 3: $30,000 and Year 3: $15,000. Using 15% interest rate, convert these series of irregular cash flows to an equ...
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
5th edition
1285425758, 978-1305333468, 1305333462, 978-1285425757
