Suppose you are to receive 3500 2 times per year every year


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Suppose you are to receive $3,500 2 time(s) per year every year for 29 years (starting one year from now) plus $82,000 in 29 years. If the appropriate discount rate is 13.50%, calculate the present value of this cash flow stream.

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Financial Accounting: Suppose you are to receive 3500 2 times per year every year
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