You will receive the following stream of cash flows:Year 1 = 600Year 2 = 1,000Year...
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Accounting
You will receive the following stream of cash flows:
Year 1 = 600
Year 2 = 1,000
Year 3 = 0
Year 4 = 200
a.) Calculate the present value if the interest rate is 5%.
b.) Calculate the future value if the interest rate is 6%.
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