Assessing cash flows for present value

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Reference no: EM13129927

The appropriate discount rate for the following cash flows is 7.33 percent per year.

Year Cash Flow
1 $ 2,470
2 0
3 3,910
4 2,160

What is the present value of the cash flows? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Present value $

Reference no: EM13129927

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