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Find what is the present value of the cash flow stream

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Reference no: EM132916767

You own a security with the cash flows shown below.

0        1          2          3         4

0    690     390      260      290

Problem 1: If you require an annual return of 10%, what is the present value of this cash flow stream? Do not round intermediate calculations. Round your answer to the nearest cent.

Reference no: EM132916767

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