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Assume that you are going to receive the following cash flows, starting today -$16,500 and then over the next 5 years: $5,100 ; $7,200 ;
Assume that you are going to receive the following cash flows, starting today -$16,500 and
then over the next 5 years: $5,100 ; $7,200 ; $7,200 ; $7,200 ; $2,700. What is the present
value of these future cash flows if you expect to be able to earn 9% on your investments?
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