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Bradley brought a new hot tub today from Situation Hot Tubs. What is the present value of the cash flows associated with this transaction if
Bradley brought a new hot tub today from Situation Hot Tubs. What is the present value of the cash flows associated with this transaction if the discount rate is 5.60%, he will receive a rebate of $679 from Situation Hot Tubs in 1 year, aand he will pay $3145 to Situation Hot Tubs in 2 years? Note: the correct answer is less than zero
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