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2. A friend has recently offered me an investment opportunity. The investment will not pay anything for the first two years, after 3 years I

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2. A friend has recently offered me an investment opportunity. The investment will not pay anything for the first two years, after 3 years I will receive $1,000, and after 5 years I will receive $2,000. If the appropriate discount rate is 10% APR compounded daily, then how much should I be willing to pay for this investment

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