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An investment promises the following cash flow stream: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow 1,000 1,200 3,000 4.800 The discount
An investment promises the following cash flow stream: Year 0 Year 1 Year 2 Year 3 Year 4 Cashflow 1,000 1,200 3,000 4.800 The discount rate is 7%. What is the maximum price that you are willing to pa...
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