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Problem 4-25 Moving Cash Flows (LG5) What is the value in year 3 of a $700 cash flow made in year 6 if interest rates

Problem 4-25 Moving Cash Flows (LG5)

What is the value in year 3 of a $700 cash flow made in year 6 if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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