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a. What is the present value of the following set of cash flows, discounted at 10.6% per year? b. What is the present value of

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a. What is the present value of the following set of cash flows, discounted at 10.6% per year? b. What is the present value of the following set of cash flows, discounted at 10.6% per year? c. Each set contains the same cash flows ($12,$24,$36,$48,$60), so why is the present value different

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