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Consider a series of $115 end-of-period CFs spanning 2053-2057 and a $121 CF at the end...

Consider a series of $115 end-of-period CFs spanning 2053-2057 and a $121 CF at the end of 2042. The interest rate is 1.5%. What is the equivalent value of these CFs at the end of 2047? (answer: $640.90)

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