You have been offered the opportunity to invest in a, Financial Management

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You have been offered the opportunity to invest in a

You have been offered the opportunity to invest in a project that will pay $1,113 per year at the end of years one through three and $10,348 per year at the end of years four and five. If the appropriate discount rate is 7.2 percent per year, what is the present value of this cash flow pattern?

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Financial Management: You have been offered the opportunity to invest in a

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