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What is the present value of the following cash flows if I can earn 5% per year: T CF 0 -5 million 1 2 million

What is the present value of the following cash flows if I can earn 5% per year:

T CF

0 -5 million

1 2 million

2 2 million

3 2 million

4 2 million

5 0

6 0

7 -3 million

8 -3 million

9 0

10 10 million

11 8 million

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