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Calculate the value of the following cash flows at year 2 , assuming the required rate of return is 11% Year Cash flow 1 700
Calculate the value of the following cash flows at year 2, assuming the required rate of return is 11%
| Year | Cash flow |
| 1 | 700 |
| 2 | 500 |
| 3 | 150 |
Select one:
a.$1,115.50
b.$1,412.135
c.$942.80
d.$1,885.14
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