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Question 19 2/2 Assuming you require a 7 percent return on your initial investment, compounding annually, compute the net present value of the following

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Question 19 2/2 Assuming you require a 7 percent return on your initial investment, compounding annually, compute the net present value of the following mixed cash flow stream. This investment has an initial cost of $6,000. Cash Flows Year $8,000 1 $9,500 2 $1,500 3 Hide answer choices ^ A $11,757.01 B $10,998.75 $22,998.75 D $20,742.47 Correct answer

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