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You are given an investment to analyze. The cash flows from this investment are End of year 1. $14,390 2. $1,190 3. $19,900 4. $12,500
You are given an investment to analyze. The cash flows from this investment are End of year 1. $14,390 2. $1,190 3. $19,900 4. $12,500 5. $6,390 What is the present value of this investment if 15 percent per year is the appropriate discount rate? Round the answer to two decimal places
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