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9. What is the present value of the following cash flow stream at a rate of 8.00%? Years: 0 1 2 3 4 CFs: $0

What is the present value of the following cash flow stream at a rate of 8.00%?

Years:	0		1		2		3		4
CFs:	$0		$65		$195		$0		$260

a. $651.38

b. $520.00

c. $569.33

d. $451.95

e. $418.47

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