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A single cash flow of $1,673.48 will be received in 4 periods. For this cash flow, the appropriate discount rate per period is 7.8%. What

A single cash flow of $1,673.48 will be received in 4 periods. For this cash flow, the appropriate discount rate per period is 7.8%. What is the present value of this single cash flow? Be sure to build a formula for the answer.

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