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You are given an investment to analyze. The cash flows from this investment are

End of year

1. $25,800

2. $1,170

3. $16,040

4. $20,750

5. $4,460

What is the present value of this investment if 15 percent per year is the appropriate discount rate?

Round the answer to two decimal places.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91557414

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