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Calculate the present value of a $1,000 cash flow that will be paid to you at the end of 5 years (t = 5). Assume

Calculate the present value of a $1,000 cash flow that will be paid to you at the end of 5 years (t = 5). Assume that the appropriate annual discount rate is 7%. $806.82 $778.51 $821.35 $747.26 $712.99

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