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3- Determine the present value in year 0 of the following cash flows using a periodic interest rate of 11% compounded annually: 1 2

 

3- Determine the present value in year 0 of the following cash flows using a periodic interest rate of 11% compounded annually: 1 2 4 5 YEAR Receipts ($) Disbursements ($) 5,000 5,000 5,000 5,000 0 0 0 0 3 0 5,000

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