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Time period 0 1 2 3 Years 0 100 100 100 1) What is the value at the end of Year 3 of the following
Time period
0 1 2 3 Years
0 100 100 100
1) What is the value at the end of Year 3 of the following cash flow stream if the quoted (nominal) interest rate is 10%, compounded semiannually?
FVA3 = $100(1.1025)2 + $100(1.1025)1 + $100 = $331.80.
2) What is the present value of the above cash flow stream if the quoted (nominal) annual interest rate is 10%, compounded daily? NEED HELP WITH THIS PART.
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