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Huang can receive one of the following two payment streams: Payment stream 1 : $ 5 0 0 at time 0 , $ 7 5

Huang can receive one of the following two payment streams:
Payment stream 1: $500 at time 0, $750 at time n years, and $1,000 at time 2n years
Payment stream 2: $1,000 at time n years and 1,500 at time 10 years
At an annual effective interest rate of i, at time 0 the present values of the two payment streams are
equal. Given v^(2n)=0.5860 can be used to calculate n, using which you can calculate i.
HINT: Write an expression for each payment stream to represent the present value at time 0, and
equate the two expressions, then solve for i.

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