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Business, 20.09.2020 16:01 shawn6597

A cash flow at time zero (now) of $ is equivalent to another cash flow that is an EOY annuity of $ over years (starting at year 1). Each of these two cash-flow series is equivalent to a third series, which is a uniform gradient series. What is the value of G for this third series over the same -year time interval? Assume that the cash flow at the end of year one is zero.

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