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13) Consider an investment that pays $1000 certain at the end of each of the next four years. If the investment costs $3,500 and has

13) Consider an investment that pays $1000 certain at the end of each of the next four years. If

the investment costs $3,500 and has an NPV of $74.26, then the four-year risk-free interest rate

is closest to:

A) 4.50%

B) 4.58%

C) 4.55%

D) 4.53%

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