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12 Fox Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $1,230 2 $1,150 3 $1,560 4 $1,920

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12 Fox Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $1,230 2 $1,150 3 $1,560 4 $1,920 If the discount rate is 11 percent, what is the present value of these cash flows?

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