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please do part a and b thank you!! 3. A. A team estimates that they are going to be provided with cash flow of $1,000,000
please do part a and b thank you!!
3. A. A team estimates that they are going to be provided with cash flow of $1,000,000 every year for the next three years. If interest is 6% and only compounds once a year, what is the Present Value of the Future Cash Flow? B. The same team is told that they have the option of cash flow of $1,100,000 every year for the next three years at the same interest rate. However, they are told that the interest will compound quarterly (four times a year). What is the Present Value of the Future Cash Flow for this option Step by Step Solution
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