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QUESTION

Suppose you have a uniform series of $10,000 cash flows (each cash flow = $10,000) over the interval [1,10]. Based on an interest rate of 6%: Hint:

1.  Suppose you have a uniform series of $10,000 cash flows (each cash flow = $10,000) over the interval [1,10]. Based on an interest rate of 6%:

Hint: In this problem you were given a specific cash flow. Each of the questions below, ask you to convert the given cash flow into a different one that has the same value.

(a) What is the equivalent uniform series over the interval [11,20]?

(b) What is the equivalent uniform series over the interval [15,24]?

(c) What is the equivalent uniform series over the interval [8,17]?

(d) What is the equivalent uniform series over the interval [8,14]?

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