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What is the present value of the following cash flow stream at a rate of 8.0% per year? Select the correct answer. a. $11,918.13 b.

What is the present value of the following cash flow stream at a rate of 8.0% per year?

Select the correct answer.

a. $11,918.13
b. $11,943.33
c. $11,937.03
d. $11,924.43
e. $11,930.73

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