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Question: using the following to answer question 1a and 1b 1a...

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Using the following to answer question 1(a) and 1(b) 1(a) What is PV in year 2? With interest rate 7%, calculate the PV of following cash flows. Year Payment PV 1,000 1,000 1,000 1,000 1,000 2 4
what is the pv in year 4? With interest rate 7%, calculate the PV of following cash flows. Year PaymentPV 1,000 1,000 1,000 1,000 1,000 2 4 5
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