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An investment will produce the following cash flows over the next 5 years: $207, $251, $318, $199, and $167. If the discount rate is 11%,

An investment will produce the following cash flows over the next 5 years: $207, $251, $318, $199, and $167. If the discount rate is 11%, what is the present value of the project?

$682.33

$1,023.50

$852.92

$1,322.02

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