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You own a security with the cash flows shown below. 0 1 2 3 4 0 6 1 0 3 6 0 2 2 0

You own a security with the cash flows shown below.
01234
0610360220300
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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