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Given the following cash flows, what is the present value if the discount rate is 9% compounded annually? Year 1 2 3 4 Cash flow

Given the following cash flows, what is the present value if the discount rate is 9% compounded annually? Year 1 2 3 4 Cash flow $400 250 900 1,925 Select one: a. 3692.484 b. 2714.085 c. 2636.074 d. 3396.714

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