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Question 11 Mohamed has invested in a fund that will provide him a cash flow of $8,500 for the next 8 years. If his opportunity

Question 11

Mohamed has invested in a fund that will provide him a cash flow of $8,500 for the next 8 years. If his opportunity cost is 6 percent, what is the present value of this cash flow stream?

a.

$50,190.787

b.

$52,783.247

c.

$55,420.566

d.

$48,660.66

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