What is net present value of these nine cash flows

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"The ABC Block Company anticipates receiving $38,000 per year in actual dollars from its investments (with no change) over the next 9 years, with the first payment occurring exactly one year from now. If ABC's inflation-free MARR is 11% and the general inflation rate is 3.7%, what is the net present value of these 9 cash flows?"

Reference no: EM131907665

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