Determining the appropriate discount rate

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Reference no: EM132622096

You are given an investment to analyze. The cash flows from this investment are

End of year

1. $18,540

2. $1,100

3. $5,720

4. $4,890

5. $4,600

What is the present value of this investment if 15 percent per year is the appropriate discount rate?

Reference no: EM132622096

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