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Assume the appropriate discount rate for the following cash flows is 9.79 percent per year. Year Cash Flow 1 $2,150 2 2,550 3 4,750 4

Assume the appropriate discount rate for the following cash flows is 9.79 percent per year. Year Cash Flow 1 $2,150 2 2,550 3 4,750 4 5,350 What is the present value of the cash flows?

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