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Led Zeppelin Blimp Co. expects to receive $500 per year for 15 years. Assuming a 7% discount rate, what is the present value of these

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Led Zeppelin Blimp Co. expects to receive $500 per year for 15 years. Assuming a 7% discount rate, what is the present value of these cash flows and the future value (in year 15) of these cash flows? PV = %) x [1-4 +3m.n ] m FV = [(1 + nn - 1 m

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