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Use the following information to answer questions 24 and 25: Investment A pays $300 at the end of year 1, 2, and 3: Investment A

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Use the following information to answer questions 24 and 25: Investment A pays $300 at the end of year 1, 2, and 3: Investment A then pays $400 at the end of year 4 and 5, and then has a final cash flow at the end of year 6 of $500. Using a discount rate of 15%, the present value of this cash flow stream is... O $1,328.70 O $1,899.27 O $1,100.38 O $840.55 What is the present value of a 4-Year ordinary annuity with $700 payments? Use an 5% discount rate. O $2,482.17 O $2.218.49 O $3,191.36 $4,311.44

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