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Example 5 . 6 : ( PV , MULTIPLE CASH FLOWS ) You are considering an investment that will pay you $ 1 , 0

Example 5.6: (PV, MULTIPLE CASH FLOWS)
You are considering an investment that will pay you $1,000 in one year, $2,000 in two years and $3,000 in
three years. If you want to earn 10% on your money,
how much would you be willing to pay for this investment? (i.e., find present value of these cash flows)
Willing to pay rn= present
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