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The resistors of resistances 2 Ω, 4 Ω and 8 Ω are connected in parallel, then the equivalent resistance of the combination will be

(1) $\frac{8}{7}\Omega$

(2) $\frac{7}{8}\Omega$

(3) $\frac{7}{4}\Omega$

(4) $\frac{4}{9}\Omega$