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P-7 PRESENT AND FUTURE VALUES OF A CASH FLOW STREAM An investment will
pay $150 at the end of each of the next 3 years, $250 at the end of Year 4,$300 at the end of Year
5 , and $500 at the end of Year 6 . If other investments of equal risk eam 11% annually, what is
its present value? Its future value?

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