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    Principles of Corporate Finance Study Set 5
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    Exam 2: How to Calculate Present Values
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    If You Receive $1,000 Payment at the End Each Year
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If You Receive $1,000 Payment at the End Each Year

Question 88

Question 88

Multiple Choice

If you receive $1,000 payment at the end each year for the next five years, what type of cash flow do you have?


A) Uneven cash flow stream
B) An annuity
C) An annuity due
D) None of the above

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