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Seaborn Co. has identified an investment project with the following cash flows. If the discount rate is 12 percent, what is the present value of

Seaborn Co. has identified an investment project with the following cash flows. If the discount rate is 12 percent, what is the present value of these cash flows? Year Cash Flow 1 1 $850 N 1,040 3 1,340 4. 1,160

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