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Consider the following timeline: Assume currently the interest rate is strictly positive, then the total value of the cash flows from date 1 to date
Consider the following timeline:
Assume currently the interest rate is strictly positive, then the total value of the cash flows from date 1 to date 3 as of date 1 (not date 0) is most likely to be:
$700 | ||
$637 | ||
$492 | ||
$650 |
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