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Moving Cash Flow: You are scheduled to receive a $560 cash flow in one year, a $860 cash flow in two years, and pay a
Moving Cash Flow: You are scheduled to receive a $560 cash flow in one year, a $860 cash flow in two years, and pay a $460 payment in three years. If interest rates are 11 percent per year, what is the combined present value of these cash flows?
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$866.15
$1,538.85
$960.00
$1,420.00
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