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Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 6 years: Year Annual Cash Flows $4,100,000 $4,400,000

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Swanky Beverage Co. expects the following cash flows from its manufacturing plant in Palau over the next 6 years: Year Annual Cash Flows $4,100,000 $4,400,000 $5,000,000 $5,800,000 $4,400,000 $4,000,000 The CFO of the company believes that an appropriate annual interest rate on this investment is 6%. What is the present value of this uneven cash flow stream (rounded to the nearest whole dollar)? $15,269,941 $17,610,127 $22,683,926 $22,414,080 Identify whether the situations described in the following table are examples of uneven cash flows or annuity payments: Uneven Cash Flows Annuity Payments Description Van has been donating 10% of his salary at the end of every year to charity for the last three years. His salary increased by 15% every year in the last three years. You deposit a certain equal amount of money every year into your pension fund. Antonio receives quarterly dividends from his investment in a high-dividend yield, index exchange-traded fund. Dmitri borrowed some money from his friend to start a new business. He promises to pay his friend $2,650 every year for the next five years to pay off his loan along with interest

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