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a. What is the present value of the following set of cash flows, discounted at 10.7% per year? K Year CF 1 $9 2

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a. What is the present value of the following set of cash flows, discounted at 10.7% per year? K Year CF 1 $9 2 $17 3 $25 4 $33 5 $41 b. What is the present value of the following set of cash flows, discounted at 10.7% per year? Year CF 1 $41 2 3 4 5 $33 $25 $17 $9 c. Each set contains the same cash flows ($9, $17, $25, $33, $41), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 10.7% per year? Year 2 3 4 5 CF $9 $17 $25 $33 $41 The present value of the cash flow stream is $ (Round to the nearest cent.)

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