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In almost all present value and future value calculations, it is implicitly assumed that Select one: a. Cash flows occur annually. b. Interest rate is

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In almost all present value and future value calculations, it is implicitly assumed that Select one: a. Cash flows occur annually. b. Interest rate is compounded semi-annually 0 c. Cash flows occur at the beginning of each period. O d. Interest rate is quoted per annum e. Cash flows occur at the end of each period

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