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You are offered an investment that will pay you $500 at the end of year three , $150 at the end of year four ,
You are offered an investment that will pay you $500 at the end of year three, $150 at the end of year four, and $600 at the end of year eight. What is the total present value of these three cash flows if the discount rate is 7%?
$612.01 | ||
$750.43 | ||
$635.56 | ||
$871.79 | ||
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