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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:

def _sed_esc(string, escape_all=False):
    '''
    Escape single quotes and forward slashes
    '''
    special_chars = "^.[$()|*+?{"
    string = string.replace("'", "'\"'\"'").replace("/", "\\/")
    if escape_all is True:
        for char in special_chars:
            string = string.replace(char, "\\" + char)
    return string