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Today is January 1, 2020. On January 1 of the years 2021 through 2030, you are to receive $50,000. If cash flows are discounted at
Today is January 1, 2020. On January 1 of the years 2021 through 2030, you are to receive $50,000. If cash flows are discounted at 10% per year, the present value of these cash flows (as of today), rounded to the nearest dollar, is?
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