Business, 18.03.2021 01:10 wendy1538

Suppose you are planning to invest your saving in a fixed income fund. you feel you can mange to deposit 700 at the end of the first year, 500 at the end of the second year ,300 at the end of the third year, and 600 at the end of the fourth year. If the fund earns 6 percent interest each year. The terminal value of this uneven cash flow stream at the end of Year 4 is .

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Suppose you are planning to invest your saving in a fixed income fund. you feel you can mange to dep...

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