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Suppose you receive 3000 a year in years a year in years 1

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Suppose you receive $3,000 a year in years a year in years 1 through 4,  $4,000 a year in years 5 through 9, and $2,000 inyear 10, with all the money to be received at the end of the year. If your discount rate is 12%, what is the present value of thesecash flows?

Reference no: EM13573088

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