Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Question
Assume that the interest rate is greater than zero. Which of the following cash-inflow streams totaling $1,500 would you prefer? The cash flows are listed on order for year 1, year 2 and year 3 respectively.
Select one:
a.
$300; $500; $ 700
b.
$700; $500; $ 300
c.
Any OF the above since they all sum to $1,500
d.
$500; $500; $ 500
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