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Using an 8% annual discount rate, what is the total present value of the following cash flows: Cash Flow Year 1: $15,000 Cash Flow Year

Using an 8% annual discount rate, what is the total present value of the following cash flows: Cash Flow Year 1: $15,000 Cash Flow Year 2: $27,500 Cash Flow Year 1: $9,825

ROUND TO THE CLOSEST VALUE.

A.

$65,500
B.

$45,265
C.

$94,774
D.

$91,774

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