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Ardalan expects to receive $2,000 per year for the next 13 years (first amount to be received exactly 1 year from today) and then Ardalan

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Ardalan expects to receive $2,000 per year for the next 13 years (first amount to be received exactly 1 year from today) and then Ardalan expects to receive $3,500 per year for the following 13 years. Assuming a discount rate of 9% p.a., what is the present value of this 26 -year cash flow stream? None of the answers in this list is within $0.20 of the correct answer. $22,633.33 $23,510.05 $25,521.05 $21,578.94 $26,537.94

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