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3. Find the present value of the following cash flows assuming interest rate is 6% (4 points) Today Yr. 1 Yr. 2 Yr. 3 Yr.
3. Find the present value of the following cash flows assuming interest rate is 6% (4 points) Today Yr. 1 Yr. 2 Yr. 3 Yr. 4 Yr. 5 Yr. 6 Cash flow 0 $100 $800 -$600 $700 -950 $400
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