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How much should you be willing to pay today for an asset that generated $100 net cash flow at the end of each year for
How much should you be willing to pay today for an asset that generated $100 net cash flow at the end of each year for 3 years if you required a 7% rate of return? (This question is worth 2 points.) a) $300.00 b) $293.97 c) $293.07 d) $95.64 + $89.95 + $86.66 = $272.25 e) $86.66 + $89.95 + $95.64 = $272.25 f) $89.95 + $95.64 + $86.66 = $272.25 g) $262.43 h) $267.34 i) $260.34 j) Answers d, e, and f k) None of the above
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