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What is the present value of a stream of income resulting from an initial investment of $2000 (with an interest rate of 7%) with net
What is the present value of a stream of income resulting from an initial investment of $2000 (with an interest rate of 7%) with net cash flows of $100 after one year, $200 after two years, $300 after the third and fourth years, $600 after the fifth and sixth years and $550 after the seventh and eighth years?
9.31%
14.8%
87%
0%
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