Assume that you will receive 2000 a year in years 1 through, Financial Management

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Assume that you will receive 2000 a year in years 1 through

Assume that you will receive $2,000 a year in Years 1 through 5, $2,500 a year in Years 6 through 8, and $4,000 in Year 9, with all cash flows to be received at the end of the year. If you require a 14 percent rate of return, what is the present value of these cash flows?

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Financial Management: Assume that you will receive 2000 a year in years 1 through

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Financial Management: Assume that you will receive 2000 a year in years 1 through

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