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The following information is provided relating to a stream of cash flows: Year Amount of cash flow 1-6 $20,000 per year (payments at the end 

The following information is provided relating to a stream of cash flows: Year Amount of cash flow 1-6 $20,000 per year (payments at the end of the year) 7-11 $16,000 per year (payments at the end of the year) Assume an interest rate of 6% compounded annually. Calculate the present value of the stream of cash flows above.

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