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Problem 3.LO3.12 (similar to) Find the present value of the following mixed stream of cash flows (as of Year 0) using a discount rate of
Problem 3.LO3.12 (similar to) Find the present value of the following mixed stream of cash flows (as of Year 0) using a discount rate of 15%. Assume the cash flows are received at the end of each year. Year 1 Cash Flow Stream 3,000 8,000 4,000 2 3 Year 1 2 Cash Flow Stream 3,000 8,000 4,000 3 Present Value ($) = (Round to the nearest cent.)
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