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Question - Today is January 1, 2015. On the first day of the years 2016 through 2035, you will receive $10,000. If cash flows are discounted at 10% per year, find the present value of these cash flows as of today (rounded to the nearest dollar)?
a. $80,325
b. $93,649
c. $85,136
d. $66,600
e. None of the above
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