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What is the present value of an investment with the following cash flows at the discount rate of 8%? Date Cash flow 2/3/2005 ($10,000) 12/3/2006

What is the present value of an investment with the following cash flows at the discount rate of 8%? Date Cash flow 2/3/2005 ($10,000) 12/3/2006 $3,000 7/3/2007 $950 9/3/2008 $3,350 5/3/2009 $2,060 10/3/2010 $5,900

A.
$3,157

B.
$21,000

C.
$2,234

D.
$1,238

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