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2. What is the net present value of the following set of cash flows at a discount rate of 7 percent? At 20 percent? (4

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2. What is the net present value of the following set of cash flows at a discount rate of 7 percent? At 20 percent? (4 Marks) Time period Cash flow -$17,000 4,500 8,700 11,900 2 3

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