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You will be receiving cash flows of: $4,000 today, $3,500 at the end of year 1, $1,000 at the end of year 3, and $4,000
You will be receiving cash flows of: $4,000 today, $3,500 at the end of year 1, $1,000 at the end of year 3, and $4,000 at the end of year 5. What is the net present value of these cash flows at an interest rate of 4.50%?
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