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

End of year

1.   $21,780

2.   $1,760

3.   $5,500

4.   $5,900

5.   $2,130

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

Round the answer to two decimal places.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92396776

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