3 Problem 5-27 Discounted Cash Flow Analysis (LO 1) 2 points Assume the appropriate discount rate for the following cash flows is 9.4 percent Year Cash Flow $1700 1,600 1.300 1100 1 2 3 4 BOOM What is the present value of the cash flows? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Prenent value Huferences