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You have lent your friend $8500 Your friend offers you the following instead of paying the $8500 now. cash flow End of year 3100 2100
You have lent your friend $8500 Your friend offers you the following instead of paying the $8500 now. cash flow End of year 3100 2100 13 550 500 What is the present value of your friend's payments Using an opportunity cost of capital of 7 percent Would you accept your friend's offers hus Write 1 in the blank if yes Weite 2 in the blank it NO
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