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1. Using a discount rate of 17.1 percent, compute the present value of the following cash flows to the nearest dollar: Year Cash Flow 1

1. Using a discount rate of 17.1 percent, compute the present value of the following cash flows to the nearest dollar:

Year

Cash Flow

1

$9,123

2

$5,465

3

$17,659

4

$17,643

5

$6,454

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