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How could you use Equation 5.2 to find the PV of an uneven stream of cash flows? What s the present value of a 5-year

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How could you use Equation 5.2 to find the PV of an uneven stream of cash flows? What s the present value of a 5-year ordinary annuity of $100 plus an additional $500 at the end of Year 5 if the interest rate is 6%? Vs/hat is the PV 'if the $A00 payments occur in Years 1 through 10 and the $500 comes at the end of year 10? ($794.87; $1,015.21) What's the present value of the following uneven cash flow stream- $0 at Time 0, $ 100 in Year 1 (or at Time 1), $200 in Year 2, $0 in Year 3, and $400 in Year 4 if the interest rate is 8%? ($558.07) Would a typical common stock provide cash flows more like an annuity or more like an uneven cash flow stream? Explain

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