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Business, 27.07.2021 23:30 wwwclarajohnson39

An investment is expected to produce annual cash flows of $1,500, $2,000, and $2,500. Assuming a discount rate of 12%, the present value of this series of cash flows is . (Round your answer to two decimal places.) Period 1 2 3
12% 0.892860.797190.71178
a. $3,118.74
b. $3,373.83
c. $4,713.12
d. $2,933.67

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