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What is the value of Y so that the two cash flows given below are economically equivalent for an annual compound interest of 5.9%? Note:
What is the value of Y so that the two cash flows given below are economically equivalent for an annual compound interest of 5.9%? Note: Y could be positive or negative. Cash flow I Year 1: ($) 550 Year 2 : ($) -405 Year 3: ($) -170 Year 4: ($) 514 Year 5: ($) -411 Cash flow II Year 1: ($) Y Year 2: ($) Y Year 3: ($)-56 Year 4: ($) 0 Year 5: ($)463
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