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Question 8: $1000 is received at the end of one year, $1500 at the end of two years, and $1,0000 at the end of three

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Question 8: $1000 is received at the end of one year, $1500 at the end of two years, and $1,0000 at the end of three years. What is the aggregate present value of the receipts, assuming a discount rate of (i) 4 percent? (ii) 25 percent

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