You have 4 friends that each owe you money. Assume the yield to maturity for all four
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Question:
$2700 (Debt due is 7 years)
$6100 (Debt due is 1 year)
$8000 (Debt due is 8 years)
$4300 (Debt due is 4 years)
Calculate the present value of your combined debt from all four friends.
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