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Your loving aunt has loaned you sum of $1000 at a 0% effective annual rate. Which of the following cashflow streams would you prefer in
Your loving aunt has loaned you sum of $1000 at a 0% effective annual rate. Which of the following cashflow streams would you prefer in order to repay the loan? (Assume that the interest rate in the market is greater than zero.) Year 1 Year 2 Year 3 Year 4 1 400 300 200 100 II 100 200 300 400 III 250 250 250 250 II Insufficient information. Need to know the discount rate to answer the
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