What is the sum of the present values of the following cash flows at 12 percent annual
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Question:
What is the sum of the present values of the following cash flows at 12 percent annual rate of return? (Hint: Calculate the PV of each cash flow and add or subtract depending on the sign of the cash flow.)
Year | 0 | 1 | 2 | 3 | 4 | 5 |
Cash Flow | -750 | 450 | 350 | 150 | 125 | -100 |
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