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Consider the following timeline detailing a stream of cash flows: Cash Flows: Year 0 = $100 Year 1= $200 Year 2 = $300 Year 3
Consider the following timeline detailing a stream of cash flows:
Cash Flows:
Year 0 = $100
Year 1= $200
Year 2 = $300
Year 3 = $400
Year 4 = $500
Year 5 = ?
If the current market rate of interest is 6%, then the future value in period five of this stream of cash flows is:
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