What is the present value of cash? flows

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Assume that you will receive? $2,000 a year in Years 1 through? 5, $3,000 a year in Years 6 through? 8, and? $4,000 in Year? 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of? return, what is the present value of these cash? flows? (Round to the nearest whole? dollar)

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Reference no: EM132746854

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