you have been offered the opportunity to invest in a project that will pay $4,675 per year
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Question:
you have been offered the opportunity to invest in a project that will pay $4,675 per year at the end of years one through three and $13,956 per year at the end of years four and five. If the appropriate discount rate is at 14.0 % per year, what is the present value of this cash flow problem?
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