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In the following case, the mixed end-of-period cash flow stream has an annuity embedded within it. Calculate the present value of the cash flow stream,
In the following case, the mixed end-of-period cash flow stream has an annuity embedded within it. Calculate the present value of the cash flow stream, assuming a 10% discount rate. Cash Flow $9,000 $1,000 $6,000 $6,000 $6,000 $6,000 $2,000 Year 2 4 Present Value ($)- What is the present value of this stream of cash flows? $(Round to the nearest cent.)
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