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What is the present value of the following set of cash flows, discounted at 15.7% per year? Year 1 2 3 4 CF $109 $109
What is the present value of the following set of cash flows, discounted at
15.7%
per year?
| Year | 1 | 2 | 3 | 4 |
| CF | $109 | $109 | $208 | $208 |
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
