Question: Quantitative Problem: You own a security with the cash flows shown below. If you require an annual return of 1 2 % , what is

Quantitative Problem: You own a security with the cash flows shown below.
If you require an annual return of 12%, what is the present value of this cash flow stream? Do not round intermediate calculations.
Round your answer to the nearest cent.
$
Quantitative Problem: You own a security with the cash flows shown

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