Question: Using the information in the accompanying table, answer the questions that follow. Year(t) Cash flow 0 $-1,000 1 $1,200 2 $-1,350 3 $1,700 4 $2,250
Using the information in the accompanying table, answer the questions that follow.
| Year(t) | Cash flow |
| 0 | $-1,000 |
| 1 | $1,200 |
| 2 | $-1,350 |
| 3 | $1,700 |
| 4 | $2,250 |
Determine the present value of the mixed stream of cash flows using a 8% discount rate.
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