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Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 6 years: Year 1 2 3 Annual Cash

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Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 6 years: Year 1 2 3 Annual Cash Flows $3,800,000 $4,100,000 $5,750,000 $5,000,000 $5,450,000 $4,500,000 4 5 6 The CFO of the company believes that an appropriate annual interest rate on this investment is 6.5%. What is the present value of this uneven cash flow stream (rounded to the nearest whole dollar)? $22,891,480 $17,051,418 $18,750,000 $15,920,861

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