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Problem 3 * Intro You expect the following interest rates and cash flows: Year 0...

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Problem 3 * Intro You expect the following interest rates and cash flows: Year 0 1 2. 3 Spot rate n/a 2.1% 2.8% 3.7% Cash flow -1,000 400 500 300 IB* Attempt 2/2 for 10 pts. Part 1 What is the present value of the cash flows? 0+ decimals Previous answers: 131 Submit

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