It is april 1 2017 and you need to find the present value


It is April 1, 2017 and you need to find the present value of a monthly cash stream that is $1 at the end of the 1st month, and then doubles each odd-numbered month but only increases by $1 in even months. The cash stream lasts for a year and the interest rate is 12% compounded monthly.

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Financial Management: It is april 1 2017 and you need to find the present value
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