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Business, 01.11.2020 20:50 Arealbot

Jeff wants to find the present value of the following uneven cash flows he expects to receive in the next 3 years from his business. Year / Cash Flows

1 / $25,000

2 / $20,000

3 / $15,000

What is the present value of the cash flows assuming the discount rate is 7%?

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