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You can recieve one of the following payment streams: i.)100 at time 0, 300 at time n, and 200 at time 2n. ii.) 600 at
You can recieve one of the following payment streams: i.)100 at time 0, 300 at time n, and 200 at time 2n. ii.) 600 at time 10.
At an annual effective discount rate of 3%, the present values of the two streams are equal. Find n.
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