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Current Attempt in Progress Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series
Current Attempt in Progress Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series B Cash Flow Series C 0 Y -$1,000 1 Y 2 1.5X Y -$2,660 $2,590 $2,090 $1,590 $1,090 $590 3 2.OX 2Y 4 2.5X 2Y 5 3.0X 2Y Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 14% per year compounded yearly. X: $ Y: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +5
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