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What is the present value of a stream of 5 end-of-year annual cash receipts of...

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Accounting

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What is the present value of a stream of 5 end-of-year annual cash receipts of $500 given a discount rate of 13% ? (Round your final answers to 2 decimal places.) a. Use the appropriate table (Appendix C: Table 1, Table 2) to answer the above question. b. Use the appropriate built-in function in Excel to answer the above

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