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Moving Cash Flows What is the value in year 6 of a $1,100 cash flow made in year 9 when interest rates are 8.4 percent?
Moving Cash Flows What is the value in year 6 of a $1,100 cash flow made in year 9 when interest rates are 8.4 percent?
a. $677.98
b. $532.27
c. $1,007.60
d. $863.58