Find present value today of cash flows

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You are presented with an investment opportunity that will give you the following stream of cash flows: nothing for the next 2 years; at the following year, an amount of $1,000 per year until year 10; and then an amount of $10,000 per year until year 20. If your required rate of return (APR) is 9% compounded annually, what is the present value today of these cash flows?

Reference no: EM132647189

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