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What is the present value of the following set of end of the year cash flows: Year 1: $450; Year 2: $600; and then an

What is the present value of the following set of end of the year cash flows: Year 1: $450; Year 2: $600; and then an eight year annuity of $400 per year if the discount rate is 9%?

Group of answer choices

$2,214

$2,462

$2,781

$3,112

$3,244

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