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What is the present value of the following cash flows if I can earn 10% per year: A payment of $10 million today, $11 million
What is the present value of the following cash flows if I can earn 10% per year: A payment of $10 million today, $11 million one year from today, $12 million two years from today, and then for two years no cash flow, and then -$5 million in the final year.
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