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A project generates free cash flows of $500 every 3 years for the next 30 years. Assume the first payment starts 3 years later, what

A project generates free cash flows of $500 every 3 years for the next 30 years. Assume the first payment starts 3 years later, what is the PV of the cash flows if the APR is 10% with semiannual compounding? (Hint: find the correct discount rate first) Group of answer choices 1469.93 3072.28 1391.45 4956.93

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