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You hold an asset that has a cost of capital of 6.7% and is expected to produce multiple cashflows for you. The first cashflow occurs
You hold an asset that has a cost of capital of 6.7% and is expected to produce multiple cashflows for you. The first cashflow occurs in 4 years from today and is expected to be $7.9k. The only other cashflow is expected to be $5.0k in 9 years from today. What is the present value of your asset? (Round to the nearest dollar)
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