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What is the present value of this stream of future cash flows if the discount rate is 15%? Year 1 $0 Year 2 $0 Year

What is the present value of this stream of future cash flows if the discount rate is 15%?

Year 1 $0

Year 2 $0

Year 3 $0

Year 4 $0

Year 5 $12,000

Year 6 $12,000

Year 7 $12,000

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