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An investment will pay $394 two years from now, $934 four years from now, and $1,244 five years from now. You are going to reinvest
An investment will pay $394 two years from now, $934 four years from now, and $1,244 five years from now. You are going to reinvest these cash flows at a rate of 12.65 percent per year.
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To calculate the future value of the investment at the end of year fiv...
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
