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Intro It is the end of 2021. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of

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Intro It is the end of 2021. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year Year 2022 2023 2024 2025 2026 Cash flow 1,400 1,600 1,800 2,000 2,200 The appropriate interest rate is 12%. IB Attempt 5/10 for 3 pts. Part 1 What is the sum of present values? 0+ decimals Submit Part 2 IB Attempt 1/10 for 7 pts. Now assume that the interest rate is 10%. What is the present value of all cash flows? 0+ decimals Submit Attempt 1/10 for 7 pts. Part 3 Now assume that the interest rate is 16%. What is the present value of all cash flows? 0+ decimals

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