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Solve the question given below

An investment is going to return cash flows of $4,000 in year 1, $6,000 in year 2, and %15,000 in year 3.

If the interest rate is 8%, then what is the present value of these cash flows? please show steps.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92775614

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