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What is the Present Value of a stream of quarterly cash flows of $55m lasting for ten years? The payments are made in each successive
What is the Present Value of a stream of quarterly cash flows of $55m lasting for ten years? The payments are made in each successive quarter. Assume a nominal annual discount rate of 7.25%
a) $1,214.68m
b) $1,555.24m
c) $1,782.73m
d) $963.44m
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