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written work please 3. (4 Points) Mike receives cash flows of $100 today, $200 in one year, and $100 in two years. The present value
written work please
3. (4 Points) Mike receives cash flows of $100 today, $200 in one year, and $100 in two years. The present value of these cash flows is $364.46 at an annual effective rate of interest i. Calculate i. (a) 10% (b) 11% (c) 12% (d) 13% (e) 14%Step by Step Solution
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