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You Will Be Receiving Cash Flows Of: $1,000 Today,$2,000 at End

Question 33

Multiple Choice

You will be receiving cash flows of: $1,000 today,$2,000 at end of year 1,$4,000 at end of year 3,and $6,000 at end of year 5.What is the present value of these cash flows at an interest rate of 7%?


A) $9,731.13
B) $10,412.27
C) $10,524.08
D) $11,524.91

Correct Answer:

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