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Consider the following timeline and cash flows: Year 0 -$150 1. $40 2. $80 3. $100 Given the above cash flows, you want to have
Consider the following timeline and cash flows:
Year
0 -$150
1. $40
2. $80
3. $100
Given the above cash flows, you want to have the net present value of $35 at the end of year 1. What should be your interest rate accordingly?
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