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A piece of equipment can generate cash flows of 4 , 7 5 0 , 1 0 , 0 0 0 and 1 8 ,

A piece of equipment can generate cash flows of 4,750,10,000 and 18,000 over the next 3 years, after which it will not be worth anything. If the required return is 12.2%, what is it worth today? USE EXCEL ONLY TO ASNWER

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