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Adina is planning on investing into REIT that will pay her guaranteed cash flows of $120,000 in 10 years. If the appropriate discount rate is

Adina is planning on investing into REIT that will pay her guaranteed cash flows of $120,000 in 10 years. If the appropriate discount rate is $.4 percent compounded daily, what is the present value of the investment? Round up your answer to two decimal places

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