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If all have same risk, which has highest present value? Year 1 2 3 4 a. 100 100 100 100 b. 200 0 200 0

If all have same risk, which has highest present value?

Year 1 2 3 4

a. 100 100 100 100

b. 200 0 200 0

c. 0 200 0 200

d. 400 0 0 0

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