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Consider the following two cash flows: CF1: 100 at t=0, 200 at t=2, and 300 at t=3 CF2: X at t=1, X at t=2, and

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Consider the following two cash flows: CF1: 100 at t=0, 200 at t=2, and 300 at t=3 CF2: X at t=1, X at t=2, and 2x at t=4 The interest rate rises by 3% every year, so: between t=0 and t=1: i=0%; between t=1 and t=2: i=3%; between t=2 and t=3: i=6%, etc. What the value of X that makes the two cash flows equivalent? 86-106 106-126 126-146 146-166 None of the above

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