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In your own words, quantitatively and qualitatively describe the quotient (Asset Value), numerator (Net Cash Flow), and denominator (Rate) for the Equation 3 below. Your

In your own words, quantitatively and qualitatively describe the quotient (Asset Value), numerator (Net Cash Flow), and denominator (Rate) for the Equation 3 below. Your answer should tell an easy-to-follow story, with a beginning, middle, and end. Describe what each part of the equation is and how its used.

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Asset Value =t=1n(1+RateiNetCashFlowi

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