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TVM Problems 4 5 Present Value of Uneven Cash Flows 6 7 1) Company Madeline launches a new product that will produce the following cash

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TVM Problems 4 5 Present Value of Uneven Cash Flows 6 7 1) Company Madeline launches a new product that will produce the following cash flows: 8 9 Year 1 $5,000 10 Year 2- $ 7,500 The company's interest rate is 12% 11 Year 3- $ 12,000 12 13 What is the value of the new product? 14 15 1 23

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