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Quantitative Problem: You own a security with the cash flows shown below. 0 2 0 700 350 260 310 If you require an annual retum

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Quantitative Problem: You own a security with the cash flows shown below. 0 2 0 700 350 260 310 If you require an annual retum of 10%, what is the present value of this cash flow stream? Do not round intermediate calculations. Round your answer to the nearest cent. $

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