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A contract requires payments of $2500, $3000, and $1500 in 100, 150, and 200 days, respectively, from today. What is the value of the contract
A contract requires payments of $2500, $3000, and $1500 in 100, 150, and 200 days, respectively, from today. What is the value of the contract today if the payments are discounted to yield a 8.5% rate of return?
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