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What is the present value of the following cash flow stream, discounted at 7% p.a.: Year 1, $100; Year 2, $400; Years 3 through 20,
What is the present value of the following cash flow stream, discounted at 7% p.a.: Year 1, $100; Year 2, $400; Years 3 through 20, $300?
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Financial Accounting
Authors: Jamie Pratt, Michael F Peters
11th Edition
1119745322, 978-1119745327
