Question: Please show all work. Must be completed using financial formulas, NO EXCEL. 4. (12 points) You are given the following cash flow information. The appropriate
Please show all work.
Must be completed using financial formulas, NO EXCEL.

4. (12 points) You are given the following cash flow information. The appropriate discount rate is 4 percent for Years 1-6 and 6 percent for Years 7-12. Payments are received at the end of each year. Year 1-6 7-12 Amount $25,000 $35,000 What is the present value of the income stream above
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