You are given an investment to analyze the cash flows from


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

1. $29,090

2. $2,630

3. $26,950

4. $15,480

5. $5,680

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: You are given an investment to analyze the cash flows from
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