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What is the value in year 2 of a $1,200 cash flow made in year 4 when interest rates are 8.5 percent? O $1,014.97 O
What is the value in year 2 of a $1,200 cash flow made in year 4 when interest rates are 8.5 percent?
O $1,014.97
O $1,098.00
O $865.89
O $1,019.35
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