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Rounded up to the nearest dollar, compute the expected present value of the following possible cash flows occurring at the end of year 1 while

Rounded up to the nearest dollar, compute the expected present value of the following possible cash flows occurring at the end of year 1 while considering a 10% annual interest rate:

Cash Flow Outcome

Probability

$20,000

0.60

$30,000

0.40

a. $(20,843)

b. $(21,818)

c. $(21,976)

d. $(23,560)

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