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You will receive $100 each year starting 4 years from now. The cash flow stream will continue for 15 years, i.e., you will receive this
You will receive $100 each year starting 4 years from now. The cash flow stream will continue for 15 years, i.e., you will receive this cash inflow (of $100) 15 times. If the relevant discount rate is 10%, what is the present value (i.e. at time 0) of these cash flows? O a $571.46 O b. $703.60 O c. $868.46 O d. $1,500 O e. $1,217.43 Clear my choice
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