Question: please explain by steps. don't use Excel functions please Question 12.03 Susan receives cash flows of 100 today, 100 in one year, and 200 in
please explain by steps. don't use Excel functions please
Question 12.03 Susan receives cash flows of 100 today, 100 in one year, and 200 in two years. The present value of the cash flows is 368.15 at an annual effective interest rate of i. Calculate / A 5.0% B 6.0% C 7.0% D 8.0% E 9.0%
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