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Kelly is expected to receive the following cash flows over the next three years: $100,000 at the end of year one, $150,000 at the end
Kelly is expected to receive the following cash flows over the next three years: $100,000 at the end of year one, $150,000 at the end of year two, and $200,000 at the end of year three. If Kelly uses 5% as her discount rate, value these cash flows (what is the present value of these expected cash flows)
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