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Ashley expects to receive cash flows of $200, $600, $600, and ($200) at the end of each period over the next 4 years, respectively. Assuming

  1. Ashley expects to receive cash flows of $200, $600, $600, and ($200) at the end of each period over the next 4 years, respectively. Assuming a 6 percent discount rate, what is the present value of these cash flows? (10 points)

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