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What is the present value of the following cash-flow stream if the interest rate is 6%? (Do not round intermediate calculations. Round your answer to
What is the present value of the following cash-flow stream if the interest rate is 6%? (Do not round intermediate calculations. Round your answer to two decimal places.)
YEAR | CASH FLOW |
1 | $200 |
2 | 400 |
3 | 300 |
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