What is the role of financial market

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Reference no: EM131943779

1. What is a financial market? What is the role of a financial market?

2. Calcuate PV, if an individual is expected to receive $350,000 after 10 years. The amount is expected to grow at the rate of 12% per annum.

3. What is the present value of the following cash flow stream at a rate of 10.0%?

Years: 0 1 2 3 4

CFs: $0 $1,500 -$1,000 $4,500 $6,000

Reference no: EM131943779

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