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A company has identified an investment project with the following cash flows, Cash Flows Year 900 1 600 2 1,100 3 1,480 4 If the

A company has identified an investment project with the following cash flows,

Cash Flows

Year

900

1

600

2

1,100

3

1,480

4

If the required rate of return is 10% compounded annually, what is the present value of these cash flows? (4 marks)

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