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An investor is trying to evaluate the present value of three yearly cash flows. The investor can earn 11.80% APR on his investments with QUARTERLY

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An investor is trying to evaluate the present value of three yearly cash flows. The investor can earn 11.80% APR on his investments with QUARTERLY compounding. What is the PV of this investment? (HINT. Find the EAR to get the yearly discount rate for the cash flows) Year 1 2 3 Cash Flow $107.00 $126.00 $141.00 submit Answer format: Currency: Round to 2 decimal places

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