Suppose you wish to receive payments of $1589.4 in one year’s time

| October 7, 2018

Suppose you wish to receive payments of $1589.4 in one year’s time, $794.7 in two years’ time, and $7947 in three years’ time. What is the cost today of the payment stream assuming your required rate of return is 4.50% p.a.?

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