Multiple Choice
An investor receives X dollars at the end of each of the next 3 years.If the present value of her investment is $10 million,what is her yearly cash flow,given that the interest rate is 5%?
A) $3.672 million
B) $3.33 million
C) $2.5 million
D) $2.879 million
E) $3.472 million
Correct Answer:
Verified
Correct Answer:
Verified
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