Question: Quantitative Problem: You own a security with the cash flows shown below. O 3 0 700 355 230 310 If you require an annual return

 Quantitative Problem: You own a security with the cash flows shown

Quantitative Problem: You own a security with the cash flows shown below. O 3 0 700 355 230 310 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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