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1. What is the present value of the following stream of cash flow to be received at the end of each year assuming a discount rate of 20%? What is the future value at the end of year 3 assuming an annual interest rate of 20%?

Year 1 : 0

Year 2 : $10,000

Year 3 : $15,000

2. What is the approximate present value of $1,000 to be received each year for 15 years assuming a discount rate of 10%?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91265651

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