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Question: 1. Calculate what the lump sum should be so that it would exactly equal the present value of the stream of future payments. You must show and explain your work to be given credit for this assignment. Assume there are no taxes on my winnings.
2. What would your answer change be if the first installment in the question above did not come until one year after I claimed my winnings. You must show and explain your work to be given credit for this assignment.
Information related to above question is enclosed below:
Attachment:- Assign.rar
Short Paper on Cross-cultural Opportunities and Conflicts in Canada.
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