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Consider a project that returns the following income stream: - Year 1 : $ 1 5 , 0 0 0 - Year 2 : $
Consider a project that returns the following income stream: Year : $ Year : $ Year : $ At an annual interest rate of percent, what is the present value PV of this income stream? Use the formula for present value of future cash flows and Show all your calculations and interpret the result.
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