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Your firm is investing in a project. Because of the project, the firm will receive cash flows of $10,000 at the end of years 5,
Your firm is investing in a project. Because of the project, the firm will receive cash flows of
$10,000 at the end of years 5, 6, 7, 8, 9, and 10. Using a 12% discount rate, what is the present value of this cash flow stream?
$10,000 at the end of years 5, 6, 7, 8, 9, and 10. Using a 12% discount rate, what is the present value of this cash flow stream?
a) $41,114 d) $29,264
b) $26,129 e) $23,329
c) $8,602
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