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Consider the following three investment options:
Investment 1: Invest $10,000 today and get $15,000 three years from now.
Investment 2: Invest $10,000 today and get $5,000 at the end of each of the next three years.
Investment 3: Invest $10,000 today and get $2,500 at the end of every six months for three years.
Question 1: If the cash flows from these investments have the same degree of uncertainty, which investment should you choose? Why?
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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