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1. What is the total present value of the following cash flows: $1000 received at the end of one year, $5000 received at the end
1. What is the total present value of the following cash flows: $1000 received at the end of one year, $5000 received at the end of three years, $10,000 received at the end of 10 years. Use a discount rate of 9%.
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