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You will be receiving cash flows of: $7,000 today, $5,500 at the end of year 1, $1,500 at the end of year 4, and $8,000

You will be receiving cash flows of: $7,000 today, $5,500 at the end of year 1, $1,500 at the end of year 4, and $8,000 at the end of year 5. What is the net present value of these cash flows at an interest rate of 8.50%?

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