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Suppose you will receive $100, $175, and $225 in 1, 2, and 3 years from now, respectively. If the appropriate discount rate (i.e., interest rate)

  1. Suppose you will receive $100, $175, and $225 in 1, 2, and 3 years from now, respectively. If the appropriate discount rate (i.e., interest rate) is 9%, what is the present value of these future cash flows?

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