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help please You have lent your friend $9500. Your friend offers you the following instead of paying the 59500 now. End of year Cash flow

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You have lent your friend $9500. Your friend offers you the following instead of paying the 59500 now. End of year Cash flow 1 13400 2000 500 600 What is the present value of your friend's payments? (Using an opportunity cost of capital of 7 percent) Would you accept your friend's offer? Write 1 in the blank if yes Write 2 in the blank if No

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