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What is the present value of the following cash-flow stream if the interest rate is 12%? You receive 400 at the end of first year,

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What is the present value of the following cash-flow stream if the interest rate is 12%? You receive 400 at the end of first year, 200 at the end of second year, and 540 at the end of third year. (12% is annual interest rate and given annual compounding) (Please round your answer to the nearest whole number] 07 Multiple Choice $804 $901 $863 $1018

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