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4) Suppose you received an investment offer which will provide you BDT700 at the end of every year for 3 years. The opportunity cost is

4) Suppose you received an investment offer which will provide you BDT700 at the end of every year for 3 years. The opportunity cost is 6%. Find the present value of this offer. (You must show the detailed calculation process. Otherwise, marks will be deducted)

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