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Help with a, b and c a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year

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Help with a, b and c

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a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year 1 2 3 4 5 CF $12 $21 $30 $39 $48 b. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year 2 3 4 5 CF $48 $39 $30 $21 $12 c. Each set contains the same cash flows ($12, $21, $30, $39, $48), so why is the present value different? a. What is the present value of the following set of cash flows, discounted at 9.3% per year? Year 1 2 3 4 5 CF $12 $21 $30 $39 $48 The present value of the cash flow stream is $ (Round to the nearest cent.)

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