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Consider the four cash inflows below. Which is worth most, at present values, assuming an annual rate of interest of 12%? A1,200 one year from
Consider the four cash inflows below. Which is worth most, at present values, assuming an annual rate of interest of 12%? A1,200 one year from now B1,400 two years from now C1,600 three years from now D|1,800 four years from now
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