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6 years if the required return is 11 percent (answer using Table B9-2 in Appendix B). EXERCISE 9-5. Using Present Value Tables [LO 1] Examine

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6 years if the required return is 11 percent (answer using Table B9-2 in Appendix B). EXERCISE 9-5. Using Present Value Tables [LO 1] Examine Table B9-1 in Appendix B. Explain why the numbers decrease as you move from left to right in a given row. Explain why the numbers decrease as you move from top to bottom in a given column. Appendix E 353 APPENDIX B Higte 09-1

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