Question: Consider two cash flow streams, where each will return the ith payment after i years: 100, 140, 131 and 90, 160, 120. Is it possible
Consider two cash flow streams, where each will return the ith payment after i years: 100, 140, 131 and 90, 160, 120. Is it possible to tell which cash flow stream is preferable without know- ing the interest rate?
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