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What is the Net Present Value of the following cash flow stream? Year Cash Flow 0 -$3,421 1 $2,474 2 $1,382 3 $3,413 4 $2,306
What is the Net Present Value of the following cash flow stream?
| Year | Cash Flow |
| 0 | -$3,421 |
| 1 | $2,474 |
| 2 | $1,382 |
| 3 | $3,413 |
| 4 | $2,306 |
Assume an interest rate of 16%
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Financial Markets And Institutions
Authors: Stanley Eakins Frederic Mishkin
9th Global Edition
1292215003, 978-1292215006
