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4 Find the present value of the following cash flows, each of which is received at the end of the year for the next three

4 Find the present value of the following cash flows, each of which is received at the end of the year for the next three years? Year 1 2 3 Cash flows If the discount rate of money is 8% annually. 400 800 600 500 B SX Va S2 HZ

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