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A project generates cash flows of $ 2 , 0 0 0 , $ 3 , 0 0 0 , $ 4 , 0 0

A project generates cash flows of $2,000,$3,000,$4,000, and $5,000 at the end of each of the next four years. Calculate the total present value of these cash flows with a hurdle rate of 7%, compounded quarterly.
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