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A project has the following cash flows. If the discount rate is 7% what is the present value? Year 1: $5000 Year 2: -$6000 Year

A project has the following cash flows. If the discount rate is 7% what is the present value?

Year 1: $5000

Year 2: -$6000

Year 3: $7000

Year 4: $8000

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