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What is the present value of the cash flow pattern

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Reference no: EM133004520

Problem 1: Your client has been offered the opportunity to invest in a project that will pay $3,368 per year at the end of years one through three and $12,135 per year at the end of years four and five. If the appropriate after-tax rate of return is 7.6 percent per year, what is the present value of this cash flow pattern?

Reference no: EM133004520

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