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What is the present value of the following stream of cash flows if the discount rate is 9%? Year 1-5: $13,000 inflow Years 6-20: $29,000

What is the present value of the following stream of cash flows if the discount rate is 9%?

Year 1-5: $13,000 inflow

Years 6-20: $29,000 inflow

(Use the present value tables in your course packet for any present value calculations. Round your final answer to the nearest dollar.)

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