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Assume the appropriate discount rate for the following cash flows is 9.79 percent per year Cash Flow $2150 Year 1 2 2,550 4.750 5.350 4

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Assume the appropriate discount rate for the following cash flows is 9.79 percent per year Cash Flow $2150 Year 1 2 2,550 4.750 5.350 4 What is the present value of the cash flows? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Present value

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