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The appropriate discount rate for the following cash flows is 7.03 percent per year. Year Cash Flow $ 2,410 1 2 0 3 3,850

 



The appropriate discount rate for the following cash flows is 7.03 percent per year. Year Cash Flow $ 2,410 1 2 0 3 3,850 4 2,100 What is the present value of the cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.) Present value

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