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A Question 4 (1 point) Retake question Listen In its first year of operation, a new entrepreneurial start-up has quarterly cash flows of -14.8 in

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A Question 4 (1 point) Retake question Listen In its first year of operation, a new entrepreneurial start-up has quarterly cash flows of -14.8 in Q1, 6.6 in Q2, 11.1 in Q3, and 27.9 in Q4 (all in $10k). Suppose that cash flows are reported at the end of each quarter, and that the quarterly discount factor is 11.1%. What is this cash flow's value at the beginning of the second year? Round your answer to two decimals (in $10k). Your

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