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The cash flow in Year 1 is $50,000 and $70,000 in Year 2. The present value of these cash flows is $107,870 rounded to the

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The cash flow in Year 1 is $50,000 and $70,000 in Year 2. The present value of these cash flows is $107,870 rounded to the nearest dollars if the interest rate is 7%. True False Question 11 4 pts You are offered an investment that costs $50,000 and pays you at the end of 6 years $75,000. You want a 3% return on this investment. You should accept this investment because it is profitable. True False

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