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An agreement stipulates payments of $ 5 6 0 0 , $ 4 1 0 0 , and $ 6 6 0 0 in three,

An agreement stipulates payments of $5600, $4100, and $6600 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 4.05%?

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