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Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C 0 -$1,000 -$2,470
Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C 0 -$1,000 -$2,470 y 1 $3,170 Y 2 1.5X $2,570 Y 3 2.OX $1,970 2Y 4. 2.5X $1,370 2Y 5 3.OX $770 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 14% per year compounded yearly. X: $ Y: $
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