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David bought a new hot tub today from Situation Hot Tubs. What is the present value of the cash flows associated with this transaction if

David bought 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 5.30 percent, he will receive a rebate of $886.00 from Situation Hot Tubs in 3 years, and he will pay $3,383.00 to Situation Hot Tubs in 6 years? Note: the correct answer is less than zero.

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