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Ambrin Corp. expects to receive $7,000 per year for 12 years and S8.500 per year for the next 12 years. What is the present value

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Ambrin Corp. expects to receive $7,000 per year for 12 years and S8.500 per year for the next 12 years. What is the present value of this 24 year cash flow' Use an 9% discount rate Use Appendix D (Round 'PV factor to 3 decimal places. Round your Intermediate calculations to the nearest dollar value)

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