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A series of cash flows may not always necessarily be an annulty. Cash flows can also be uneven and variable in amount, but the concept

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A series of cash flows may not always necessarily be an annulty. Cash flows can also be uneven and variable in amount, but the concept of the time value of money will continue to apply. Consider the following case: The Purple Lion Beverage Company expects the following cash flows from its manufacturing plant in Palou over the next five years: The Cro of the company believes that an appropriate annual interest rate on this investment is 9%. What is the present value of this uneven cash fiow stream, rounded to the nearest whole dollar? 5600,000$2,325,00051,825,00051,155,478 Identify whether the situations described in the following table are examples of vneven cash fows or annuity payments

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