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Are the following cash flow diagrams economically equivalent if the interest rate is 5% per year? 8M 7M 7M 7M 7M 7M 6M 5M 2
Are the following cash flow diagrams economically equivalent if the interest rate is 5% per year? 8M 7M 7M 7M 7M 7M 6M 5M 2 3 4 2 4 EOY EOY The left-hand diagram's discounted value at the EOY 0 is $L M. (Round to three decimal places.)
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