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You own a small apartment building. You expect to receive rent payments of $58,000, $62,000,...

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Accounting

You own a small apartment building. You expect to receive rent payments of $58,000, $62,000, and $66,000 two, three and four years from now, respectively. You can earn an annual return of 1%, compounded annually, on money invested today. What is the present value of this cash stream now

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