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Consider the following stream of end of year payments. Year 1 2 3 4 5 Cash Payment $35,000 $50,000 $45,000 $25,000 $15,000 What is the

Consider the following stream of end of year payments.

Year

1

2

3

4

5

Cash Payment

$35,000

$50,000

$45,000

$25,000

$15,000

What is the present value of the stream if the interest rate is 6%?

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