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What is the present value of the following set of cash flows at an interest rate of 6%: $1,050 today, $2,500 at end of year
What is the present value of the following set of cash flows at an interest rate of 6%: $1,050 today, $2,500 at end of year 1, $3,000 at end of year 3, and $4,000 at end of year 5?
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