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46 The ABC Block Company anticipates receiving 14- $50,000 per year from its investments (with no change) over the next 10 years. If ABC's interest

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46 The ABC Block Company anticipates receiving 14- $50,000 per year from its investments (with no change) over the next 10 years. If ABC's interest rate is 8% and the inflation rate is 3%, determine the present value of the cash flows

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