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2) Assume cash flows at the end of years 1,2,3,4 and 5 are $100,$300,$400,$500 and $10, respectively. The relevant interest rates (or discount rates) for

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2) Assume cash flows at the end of years 1,2,3,4 and 5 are $100,$300,$400,$500 and $10, respectively. The relevant interest rates (or discount rates) for different periods are: Year 1: 10\% Year 2: 5% Year 3:10\% Year 4: 12% Year 5: 11% What is the present value of these cash flows? Show your work

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