10. Using an interest rate of 10 per cent, determine the present value of the following cash...

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10. Using an interest rate of 10 per cent, determine the present value of the following cash flow series: End of period 0 1-6 (each period) 7 8 9-12 (each period) Cash-flow (R) -10,000 2,000 -1,500 +1,600 + 2,500

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