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You are to invest $15,000 now and to receive the following amounts in the next five years: year Cash Flow 1 3,000 2 5,000 3
You are to invest $15,000 now and to receive the following amounts in the next five years:
year Cash Flow
1 3,000
2 5,000
3 4,000
4 3,000
5 2,000
If the required rate of return is 5%, should you make the investment?
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