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You have two assets and must calculate their values today based on their payment streams and required returns. Asset 1 has a required return of
You have two assets and must calculate their values today based on their payment streams and required returns. Asset 1 has a required return of 12% and will produce a stream of S800 starting at year 1 and continuing indefinitely. Asset 2 has a required return of 9% and wil produce an end-of-year cash flow of $1,300 in 1 year, $1,600 in 2 years, and $600 in 3 years The value of Asset 1 today is S(Round to the nearest cent.) The value of Asset 2 today is sRound to the nearest cent)
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