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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 -$1,000 1.5x 2.ox
Consider the following three cash flow series End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C -$1,000 1.5x 2.ox 2.5x 3.0x -$2,650 $2,650 $2,150 $1,650 $1,150 $650 2Y 2Y 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 15% per year compounded yearly. carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is 5
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