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Huggins Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 860 2 $1,210 3 $1,470 4 $1,625 What

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

Year Cash Flow

1 $ 860

2 $1,210

3 $1,470

4 $1,625

What is the present value at 16 percent?

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