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1. What is the total present value of the cash flows recewed over the five-year period? 2. Could you characterize this stream of cash
1. What is the total present value of the cash flows recewed over the five-year period? 2. Could you characterize this stream of cash flows as an annuity? Why or why not? 3 Use the Present Value of Annuity of $1 table (Appendix B, Table 8-2) to determin the present value of the same stream of cash flows. Compare your results to YOL answer to Requirement 1. 4. Explain your findings. 1. What is the total present value of the cash flows recewed over the five-year period? 2. Could you characterize this stream of cash flows as an annuity? Why or why not? 3 Use the Present Value of Annuity of $1 table (Appendix B, Table 8-2) to determin the present value of the same stream of cash flows. Compare your results to YOL answer to Requirement 1. 4. Explain your findings.
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