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What is the Present Value of a stream of monthly cash flows of $27,000 that is to last 4 years? Assume a nominal annual discount
What is the Present Value of a stream of monthly cash flows of $27,000 that is to last 4 years? Assume a nominal annual discount rate of 7.5%.
a) $1,234,216.13
b) $1,458,183.24
c) $1,390,431.81
d) $1,085,181.71
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