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The cash flows at the beginning of the year are as follows Year Cash Flow 1 2000 2 2000 3 3000 4 3000 5 5000

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The cash flows at the beginning of the year are as follows Year Cash Flow 1 2000 2 2000 3 3000 4 3000 5 5000 UAWN Calculate the present value of the cash flows given above at a discount rate of 12% by breaking the cash flows above into groups of annuity streams

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