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If the appropriate discount rate for the following cash flows is 10 percent per year,...

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If the appropriate discount rate for the following cash flows is 10 percent per year, the present value of the cash flows is $ (Do not include the dollar sign ($). Round your answer to 2 decimal places. (e.g., 32.16)) Year Cash Flow 1 $1,500 2 0 7,000 800 3 4

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