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A report from the marketing department indicates that a new product will generate the following revenue stream: $62, 500 in the first year, $89, 400

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A report from the marketing department indicates that a new product will generate the following revenue stream: $62, 500 in the first year, $89, 400 in year two, $136, 200 in year three, $128, 300 in year four, and $112,000 in year five. If your firm's discount rate is 11% and the cash flows are received at the end of each year, what is the present value of this cash flow stream

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