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For the following cash flow stream, calculate the present value if the interest rate for years 1 through 5 is estimated to be 5% and
For the following cash flow stream, calculate the present value if the interest rate for years 1 through 5 is estimated to be 5% and the interest rate from years 6 through 10 is estimated to be 10%.
Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
CF ($) | 2300 | 2400 | 2200 | 1900 | 2500 | 2300 | 2600 | 2600 | 2600 | 2600 |
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