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An agreement stipulates payments of $ 5 0 0 0 , $ 3 5 0 0 , and $ 6 0 0 0 in three,

An agreement stipulates payments of $5000, $3500, and $6000 in three, six, and nine months, respectively, from today. What is the highest price an investor will offer today to purchase the agreement if he requires a minimum rate of return of 3.75%?(Do not round intermediate calculations and round your final answer to 2 decimal places.)Maximum price$

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