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Calculate the present value of the stream of cash flows

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Reference no: EM132506227

Question 1: Calculate the present value of the following stream of cash flows:

Cash flow 1 R18 000

Cash flow 2 R21 000

Cash flow 3 R20 000

Cash flow 4 R16 000

Assume a discount rate of 6% and work to the nearest Rand.

A. R59 407
B. R65 137
C. R69 045
D. R72 319

Reference no: EM132506227

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