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uantitative Problem: You own a security with the cash flows shown below. Periods 0 1 2 3 4 Cash flows 0 670 380 260 280
uantitative Problem: You own a security with the cash flows shown below. Periods 0 1 2 3 4 Cash flows 0 670 380 260 280 If you require an annual return of 12%, 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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