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Joe can invest in a 5 year investment that generates the following cash flows. Assuming a 8% required rate of return, calculate the present value
Joe can invest in a 5 year investment that generates the following cash flows. Assuming a 8% required rate of return, calculate the present value of the incremental cash flows. (Enter a positive value and round to 2 decimals)
| Time | CF |
| 1 | 300 |
| 2 | 600 |
| 3 | 900 |
| 4 | 1200 |
| 5 | 1500 |
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