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Wainright Co. has identified an investment project with the following cash flows. Year Cash Flow 1 $750 2 $911 3 $1,222 4 $1,347 If the

Wainright Co. has identified an investment project with the following cash flows.

Year Cash Flow

1 $750

2 $911

3 $1,222

4 $1,347

If the discount rate is 13.3 percent, what is the present value of these cash flows? (Round time value factors to 6 decimal places)

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