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I'm not sure if these answers are correct. Consider the following three cash flow series: End of Year Cash Flow Series A Cash Flow Series
I'm not sure if these answers are correct.
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 X 1 Y 1.5X Y 2 3 4 $2,380 $2,580 $2,380 $2,180 $1,980 $1,780 2.OX 2Y 2.5X 3.0X 2Y 2Y 5 Determine the values of X and Y so that all three cash flows are equivalent at an interest rate of 15% per year compounded yearly. X: $ 872.00014 Y: $ 1176.08538 Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +5Step by Step Solution
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