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Find the net present value (NPV) of the following cash flows when the discount rate is 4 % pa: $ 10,000 immediately (t=0); $ 9,000

Find the net present value (NPV) of the following cash flows when the discount rate is 4% pa:

$10,000 immediately (t=0);

$9,000 in 2 years (t=2); and

$6,000 in 2.5 years (t=2.5).

The net present value of these payments is:

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