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Huggins Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $ 750 2 990 3 1,250 4 1,350 If

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

Year Cash Flow

1 $ 750

2 990

3 1,250

4 1,350

If the discount rate is 7 percent, what is the present value of these cash flows?

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