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Question
15 900
Using an interest rate of 8 percent, find the expected present value of these uncertain cash flows. (Hint: Find the expected cash flow in each year, then evaluate those cash flows.)
a. $1,204.95
b. $835.42
c. $1,519.21
d. $1,5800
e. $1,347.61
Answer
This answer is hidden. It contains 313 characters.
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