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What is the net present value of the following cash flows if the relevant discount rate is 8.6 percent? year 0 -21,260 year 1 11,215
What is the net present value of the following cash flows if the relevant discount rate is 8.6 percent?
year 0 -21,260
year 1 11,215
year 2 14,678
year 3 -9,807
year 4 13,500
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