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Question 20 Homework Unanswered An asset is projected to generate 12 annual cash flows of $7,000 starting 5 years from today. If the discount rate

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Question 20 Homework Unanswered An asset is projected to generate 12 annual cash flows of $7,000 starting 5 years from today. If the discount rate is 11%, how much is this asset worth today? Round to the nearest dollar

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