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Compute the present value of the following cash flow stream. The discount rate is 0.05. Time 0: $7000 Time 1: $1700 Time 2: $6500 Time
Compute the present value of the following cash flow stream. The discount rate is 0.05.
Time 0: $7000
Time 1: $1700
Time 2: $6500
Time 3: $6800
Time 4: $10000
Round your answer, don't use decimals, $ sign, or a thousands separator.
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