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3) What is the present value of a stream of cash flows, which has the timeline given below. (After year 11, all cash flows are

3) What is the present value of a stream of cash flows, which has the timeline given below. (After year 11, all cash flows are $500) Discount rate is 10%. CF $850 850 850 850 500 500 500 750 700 500 500.... Year 3 0 1 2 4 6 5 7 8 9 10

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