If the appropriate annual discount rate is 10%, what is the present value of this cash-flow stream?
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Question:
If the appropriate annual discount rate is 10%, what is the present value of this cash-flow stream?
Year | Cash Flow |
0 | 0 |
1 | 1000 |
2 | 1200 |
3 | 1400 |
4 | 1600 |
5 | 1800 |
6 | 2000 |
7 | 1800 |
8 | 1600 |
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