9. The relevant interest rate (opportunity cost) is 6.9% per year (as an EAR). Find...
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9. The relevant interest rate (opportunity cost) is 6.9% per year (as an EAR). Find the FV at year 5 of the following stream of cash flows: $165 in 1 year, $165 in 2 years, $113 in 3 years, $142 in 4 years, and $187 in 5 years. $____________
10. An investment will pay you $220 per year forever, with the first annual payment to occur today. If your opportunity cost is 9.7% (as an EAR), the Present Value today of this series of cash flows is $____________
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