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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 Y
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 Y 1 Y 2 1.5X Y -$2,680 $2,990 $2,690 $2,390 $2,090 $1,790 3 2.OX 2Y 4 2.5X 2Y 5 3.0X 27 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: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 25
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