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Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $667 2 $1,057 3 $1,213 4 $1,352 If the

Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $667 2 $1,057 3 $1,213 4 $1,352

If the discount rate is 10.5 percent, what is the present value of these cash flows?

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