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Problem 3.LO3.12 Find the present value of the following mixed stream of cash flows (as of Year 0) using a discount rate of 9%. Assume
Problem 3.LO3.12 Find the present value of the following mixed stream of cash flows (as of Year 0) using a discount rate of 9%. Assume the cash flows are received at the end of each year. Year 1 2 3 Cash Flow Stream 3,000 9,000 1,000 Year 1 2 3 Present Value (5) = Cash Flow Stream 3.000 9,000 1,000 (Round to the nearest cent.)
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