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Year/cash flow 0/1/2202/3503/1304/ What is the present value (as at year 0) of the following cash flows, given an interest rate of 5% p.a.? Select

Year/cash flow 0/1/2202/3503/1304/

What is the present value (as at year 0) of the following cash flows, given an interest rate of 5% p.a.?

Select one:

a.$667

b.$777

c.$639

d.$631

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