Question: Determine the present value of a cash flows stream of $2,250 to be received every year at a required rate of return of 5%. How

Determine the present value of a cash flows stream of $2,250 to be received every year at a required rate of return of 5%. How the value would differ if the cash flows stream starts at year 4 at the same required rate of return. Round your answer to 2 decimal places. Discuss why the values of the two cash flows streams is different.

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