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Find the present value of the following cash flow stream if the discount rate is 6.97%: CF1 = 24, CF2 = 42, CF3 = 47,
Find the present value of the following cash flow stream if the discount rate is 6.97%: CF1 = 24, CF2 = 42, CF3 = 47, CF4 = 74. The cash flows are received at the end of each year. Round to the nearest $0.01 (e.g., if your answer is $175.386, record it as 175.39).
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