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A real estate investment has the following expected cash flows: Year Cash Flows 1 $ 10,000 2 14,000 3 23,000 4 30,000 The discount rate

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A real estate investment has the following expected cash flows: Year Cash Flows 1 $ 10,000 2 14,000 3 23,000 4 30,000 The discount rate is 3 percent. What is the investment's present value? Round it to a whole number

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