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Which choice has a greater present value if we assume a required rate of return...

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Finance

Which choice has a greater present value if we assume a required rate of return of 10%?

1: A lump sum cash flow today of $248.69

2: $100 cash flows occurring one, two, and three years from today

3: a single cash flow of $331 three years from today.

a. Choice 1

b. Choice 2

c. Choice 3

d. The choices all have equal present values at a discount rate of 10%.

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