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find the present value of the following cash flows, assuming an interest rate of 12% annually, compounded semi-annually: Two years from today, the cash flow

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find the present value of the following cash flows, assuming an interest rate of 12% annually, compounded semi-annually: Two years from today, the cash flow is $400. Thereafter, every two years, the cash flow will be $400. There are a total of six cash flows

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