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At an interest rate of 10%, which of the following sequences of cash flows should you prefer?
Year 1 | Year 2 | Year 3 | |
A) | 500 | 300 | 100 |
B) | 100 | 300 | 500 |
C) | 300 | 300 | 300 |
D) | any of the above as they all add up to $900 |
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