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Assume the appropriate discount rate for the following cash flows is 8.7%? What is the present value of the cash flows? Assume the appropriate discou
Assume the appropriate discount rate for the following cash flows is 8.7%? What is the present value of the cash flows? 
Assume the appropriate discou What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Step by Step Solution
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