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year; thus Suppose you are going to receive $21,000 per year for 11 years at the end of each you receive the first payment one

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year; thus Suppose you are going to receive $21,000 per year for 11 years at the end of each you receive the first payment one year from today. Compute the present value of the cash flows if the appropriate interest rate is 12 percent. Round it two decimal places, and do not include the $ sign, e.g., 123456.78. Your

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