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Your grandmothers trust fund will pay you $1000 each year for 15 years starting today. It so happens that, you have to pay for your

Your grandmothers trust fund will pay you $1000 each year for 15 years starting today. It so happens that, you have to pay for your car loan: 15 annual payments of $1000 each starting one year from now. What is the NPV of these cash flows ? Hint: Draw a time line to see if any of these cash flows can cancel each other and think about the concept of TVM

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