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About what is the Present Value of the following cash flows? The interest rate is 6%. Year 1 2 3 4 5 6 7 8

About what is the Present Value of the following cash flows? The interest rate is 6%.

Year 1 2 3 4 5 6 7 8 9 10

Cash Flow 0 0 0 0 0 100 100 100 100 100

500.00

401.62

314.77

278.11

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