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What is the present value of the following set of cash flows, discounted at 15.5 % per year? Year 1 2 3 4 CF $

What is the present value of the following set of cash flows, discounted at 15.5 % per year?

Year 1 2 3 4

CF $ 98 $98 $203 $203

The present value of the cash flow stream is .........(Round to the nearest cent.)

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