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Annual Cash Flows: Year 1- $250,000 Year 2- $37,500 Year 3- $330,000 Year 4- $300,000 Year 5- $750,000 | The CFO of the company believes
Annual Cash Flows: Year 1- $250,000 Year 2- $37,500 Year 3- $330,000 Year 4- $300,000 Year 5- $750,000 | The CFO of the company believes that an appropriate annual interest rate on this investment is 4%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? a. $617,500 b. $2,025,000 c. $2,392,500 d. $1,441,311
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