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PTK Company, a furniture manufacturer, has been offered an opportunity to accept a project that has the following mixed stream of cash flows over the

PTK Company, a furniture manufacturer, has been offered an opportunity to accept a project that has the following mixed stream of cash flows over the next 5 years:

Year 12345 Cash flow 5000 7800 5000 6000 3000

If the company must earn at least 10% on this project. What is the present value of this project?

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