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Assume that an investment provides the following cash inflows over a three-year period: Year 1$ 5,000Year 25,000Year 37,000Total$ 17,000 Assuming a discount rate of 11%,

Assume that an investment provides the following cash inflows over a three-year period:

Year 1$ 5,000Year 25,000Year 37,000Total$ 17,000

Assuming a discount rate of 11%, what is the present value of these cash inflows?

Multiple Choice

$13,682

$12,882

$11,982

$13,282

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