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2. Suppose that the cash flow is: $10,000 today, $20,000 at the end of period 1, and $10,000 at the end of period 2. It

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2. Suppose that the cash flow is: $10,000 today, $20,000 at the end of period 1, and $10,000 at the end of period 2. It is assumed that an amount invested today for one period can earn 9% but an amount invested today for two periods can earn 10%. What is the present value of these cash flows* (8 Puan)

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