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Suppose you are receiving $9,600 today (year 0) but must make the following payments in years 1 to 4: Year Cash Flows ($) 1 5,000

Suppose you are receiving $9,600 today (year 0) but must make the following payments in years 1 to 4: Year Cash Flows ($) 1 5,000 2 3,700 3 2,800 4 1,700

Which of the following discount rates will result in an accepted offer? Check all that apply. 12% 14% 16% 18% 20%

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