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What is the present value of an investment project that generates cash flows of 1 million dollar 1 year from now, 2 million dollar 2
What is the present value of an investment project that generates cash flows of 1 million dollar 1 year from now, 2 million dollar 2 years later, 3 million dollar 3 years later, and 4 million dollar 4 years from now? The discount rate is 10% per year.
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