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A firm is considering the following investment: The firm makes a payment of $ 1 , 1 7 0 , 7 9 3 today. In

A firm is considering the following investment: The firm makes a payment of $1,170,793 today. In return it receives two payments: $220,622 exactly 2 years from now, and $1,711,291 exactly 14 years from now.
Question: calculate the net present value of the investment. Use a discount rate of 14%. Round your answer to the nearest penny.
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