Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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In a geometric sequence of annual cash flows starting at the EOY zero, the value of A0 is $1,304.35 (which is a cash flow). The value of the last term in the series, A10, is $5,276.82. What is the equivalent value of A for years 1 through 10? Let i = 20% per year
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