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You receive cash flows of 5 0 0 , 8 0 0 , and 1 0 0 0 dollars at the end of 1 st

You receive cash flows of

500, 800,

and

1000

dollars at the end of

1

, 2

nd and

3

rd year respectively. The interest rates in these years are

5 %, 6 %

and

7 %

respectively. What is the present value of cash flows today?

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