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Which of these choices has a greater present value if we assume a required rate of return of 10% a. lump sum cash flow today
Which of these choices has a greater present value if we assume a required rate of return of 10%
a. lump sum cash flow today of $248.69
b. $100 cash flows occurring one, two, and three years from today
c. a single cash flow of $331 three years from today.
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