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3. An asset will produce the following series of cash flow. At the end of the first two years, $2,000 each year. At the end

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3. An asset will produce the following series of cash flow. At the end of the first two years, $2,000 each year. At the end of each of the following three years, $5,000. And, at the end of each of the following four years, $9,000. If your required rate of return is 5 percent, how much is this asset worth to you

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