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What is the present value of the following cash flows if the appropriate discount rate is 9%? (round answer to closest dollar) End of Years
What is the present value of the following cash flows if the appropriate discount rate is 9%? (round answer to closest dollar)
| End of Years | Yearly Cash Flow |
| 1 through 5 | $15,000 |
| 6 through 9 | $19,000 |
| 10 through 15 | $25,000 |
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