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Annual Cash Flows Year 2 Year 3 Year 1 Year 4 $400,000 $20,000 $330,000 $300,000 The CFO of the company believes that an appropriate annual

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Annual Cash Flows Year 2 Year 3 Year 1 Year 4 $400,000 $20,000 $330,000 $300,000 The CFO of the company believes that an appropriate annual interest rate on this investment is 9%. What is the present value of this uneven cash flow stream, rounded to the nearest whole dollar? O $750,000 O $851,155 O $2,350,000 O $2,000,000 Identify whether the situations described in the following table are examples of uneven cash flows or annuity payments: Uneven Cash Flows Description Annuity Payments Shania bought a new dress for her brother's wedding for $450. She negotiated a deal with the retailer in which she would pay for the dress in three installments of $250, $100, and $100 over the next three months. You signed up to make a monthly payment of $10 for one year for a lifetime tosubscription to your favorite magazine. O O British consols are British government bonds that promise to make payments of a specified amount at regular intervals to the bearer forever. O O You receive interest earnings from variable deposits in a regular interest-bearing savings account. O O

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