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problem: At a rate of 8 percent, determine the present value of the following cash flow stream?  $0 at Time 0; $100 at the end of Year 1; $300 at the end of Year 2; $0 at the end of Year 3; & 500 dollar at the end of Year 4?

[A]    $788.32

[B]   $701.15

[C]    $690.49

[D]    $717.31

[E]   $625.54

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