Answered

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Assume you have a uniform series where you receive a loan and then repay it for the following periods. Which of the following is NOT an assumption of the uniform series?
a. All loan payments are the same amount, A.
b. The first loan payment is at =1.
c. The interest rate, , of the loan is fixed.
d. All of these are assumptions of a uniform series of cash flows.

Sagot :

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