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Huggins Co. has identified an investment project with the following cash flows. Year Cash Flow: 1 $ 790 2 1,070 3 1,330 4 1,450 If

Huggins Co. has identified an investment project with the following cash flows.

Year Cash Flow:

1 $ 790

2 1,070

3 1,330

4 1,450

If the discount rate is 9 percent, what is the present value of these cash flows?

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