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You are given the flowing cash flow information. The appropriate discount rate is 7 percent for years 1-3 and 9 percent for years 4-10. Payments are...

You are given the flowing cash flow information. The appropriate discount rate is 7 percent for years 1-3 and 9 percent for years 4-10. Payments are received at the end of each year. Year Amount 1-3. $35,000 4-10. $40,000 What is the present value of the income stream above?
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