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3. Find the present value of the following mixed stream of cash flows using a 10% annual discount rate. (Assume deposits are made at the
3. Find the present value of the following mixed stream of cash flows using a 10% annual discount rate. (Assume deposits are made at the end of each year)
| Year | Cash Flow Stream |
| 1 | $20,000 |
| 2 | $15,000 |
| 3 | $10,000 |
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Finance Theory And Practice
Authors: Anne Marie Ward
3rd Edition
1908199482, 978-1908199485
