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It is the end of 2022. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each

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It is the end of 2022. You (foolishly) played the lottery and won the following cash flows, to be paid at the end of each year: Year 2023 2024 2025 2026 2027 Cash flow 1,400 1,600 1,800 2,000 2,200 The appropriate interest rate is 9%. Part 1 - Attempt 1/1 Now assume that the interest rate is 7%. What is the present value of all cash flows? + decimals Save

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