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1. What is the present value of the following uneven stream of cash flows? Assume a 6% discount rate and end-of-period payments. Round to the
1. What is the present value of the following uneven stream of cash flows? Assume a 6% discount rate and end-of-period payments. Round to the nearest whole dollar. Year Cash Flow ____________________________ 1 $ 3,000 2 $ 4,000 3 $ 5,000 a. $10,588 b. $11,461 c. $12,688 d. $13,591
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