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March 25, 2017

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Consider the following cash flows (CF's)
(i) A single CF at t=5 of $15,000
(ii) A single CF at t=11 of of $10,000 and (111) A single cash flow CF at t=18 of $15,000 Calculate the present value of these CF's at time t=0 interest is 4 percent compounded each period.

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