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an investment is worth $1 billion assume a discount rate of 15% CASH FLOWS OVER THE NEXT 4 YEARS AS SHOWN YEAR CASH FLOW 0

an investment is worth $1 billion assume a discount rate of 15% CASH FLOWS OVER THE NEXT 4 YEARS AS SHOWN

YEAR CASH FLOW

0 -20M

1 -10M

2 0

3 12M

4 40M

WHAT IS THE FUTURE VALUE AT THE END OF YEAR 4? a. 2,064,672

b. 997,064,672

c. 1475,395,126

d. 1,695,553,239

e. 1,756,892,730

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