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2. Project P requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project Q

2. Project P requires an investment of 4000 today. The investment pays 2000 one year from today and 4000 two years from today. Project Q requires an investment of X two years from today. The investment pays 2000 today and 4000 one year from today. The net present values of the two projects are equal at an annual effective interest rate of 10%, where the net present value is the difference between the present value of cash inflows and the present value of cash outflows over a period of time. Calculate X

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