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You are given the following cash flows. What is the present value (t = 0) if the discount rate is 12 percent? $i $2,000 $2,000

You are given the following cash flows. What is the present value (t = 0) if the discount rate is 12 percent? $i $2,000 $2,000 $2,000 $0 -$2,000 Select one: a. $3,277 b. $4,804 $5,302 O d. 54.289 S04

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