Question: dex.html?con-condexternal browserslaunchurtehttps... Muube MM (496) - Update am 12 (Ch 8 - Ch 14) Help Save & Exit Submit Ambrin Corp. expects to receive $8,000

dex.html?con-condexternal browserslaunchurtehttps... Muube MM (496) - Update am 12 (Ch 8 - Ch 14) Help Save & Exit Submit Ambrin Corp. expects to receive $8,000 per year for 10 years and $9,500 per year for the next 10 years. What is the present value of this 20 year cash flow? Use an 12% discount rate. Use Appendix D and AnRendix 3 to calculate the answer. (Round your intermediate calculations to the nearest dollar value.) 13 Multiple Choice $62,483 $70,958 $98,875 none of these

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