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What is the present value of this cash flow pattern

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Question - Your client has been offered the opportunity to invest in a project that will pay $4,846 per year at the end of years one through three and $14,263 per year at the end of years four and five. If the appropriate after-tax rate of return is 5.6 percent per year, what is the present value of this cash flow pattern?

Reference no: EM133036232

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