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JUSTUI SIHgle cash flows. Using Equation 2.2 for the present value of a single cash flow with FV=$20,500.99, n = 2, and i=7%: PV =

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JUSTUI SIHgle cash flows. Using Equation 2.2 for the present value of a single cash flow with FV=$20,500.99, n = 2, and i=7%: PV = $20,500.99/(1+0.07)2 = $17,906.36 Practice question 2.29 Homework. Unanswered An asset is projected to generate 10 annual cash flows of $7,000 starting 4 years from today. If the discount rate is 9%, how much is this asset worth today? Rqund to the nearest cent. Numeric Answer: Unanswered 2 attempts left - Submit Fullscreen MacBook Pro

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