With 1 strand each of A, B, C, and D held together, ch 47.
Row 1: Dc in 5th ch from hook, ch 1, dc in same ch (V-st made), *sk 2 ch, (dc, ch 1, dc) in next ch (V-st made); repeat from * to last 2 ch, sk 1 ch, dc in last ch.
Rows 2–25: Ch 3, turn, (dc, ch 1, dc) in each ch-1 space across, dc in 3rd ch of turning ch.
Weave in ends.
From right side, join 1 strand of each yarn with slip stitch at one end of long side. Work 1 row of single crochet evenly spaced along (long) side edge of Throw. Repeat on opposite side edge.
Cut 15 in. (38 cm) lengths of each color yarn. For each fringe, hold 2 strands of each color yarn (8 strands total) together and fold in half. Use crochet hook to draw fold through edge of piece, forming a loop. Pull ends of fringe through this loop and tighten. Make fringe in bottom of each V-st at bottom edge; make fringe in center of each V-st at top edge. Make fringe at corners on both ends of Throw. Trim fringe ends evenly, knotting ends to keep yarn from fraying.