Question
What is the present value of the following cash flow stream if the interest rate is 4%? year 1 cash f $270 year 2
year 1 cash f $270
year 2 cash f $470
year 3 cash f $370
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
1305637100, 978-1305637108
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