What is the present value of these cash flows

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Question - Assume you purchase a property and you expect to earn the following annual cash flows:

Year 1 $50,000

Year 2 $100,000

Year 3 $105,000

Year 4 $110,250

Year 5 $115,762

Assuming a discount rate of 10%, what is the present value of these cash flows?

Reference no: EM133014898

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