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Alexandra has an investment opportunity that promises to pay out $4,477 to her annually for six years with the first payment to be received one

Alexandra has an investment opportunity that promises to pay out $4,477 to her annually for six years with the first payment to be received one year from today. If 6 percent is an appropriate discount rate to use for an investment of this risk and duration, what maximum amount should Alexandra be willing to pay for it?

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