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Assume you can get $500 in Year 1, $400 in Year 2, $600 in year 3, $800 in year 4 with 100% probability. Risk-free interest

Assume you can get $500 in Year 1, $400 in Year 2, $600 in year 3, $800 in year 4 with 100% probability. Risk-free interest rate is 5%. What is the present value of these future cash flows?

1905
2015
2300
2205
1800

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