Question: Judith would like to receive $ 5 0 , 0 0 0 each year for the next 5 years ( first payment at the end
Judith would like to receive $ each year for the next years first payment at the
end of year Then she hopes to receive $ per year starting at the end of year
for an additional years. In total payments. Assume an interest rate of
i Find the present value of this cash flow stream.
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ii Find the future value of this cash flow stream.
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