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An asset is projected to generate 9 annual cash flows of $5,000 starting 12 years from today and a final one-time cash flow of $11,000

An asset is projected to generate 9 annual cash flows of $5,000 starting 12 years from today and a final one-time cash flow of $11,000 in 28 years from today. If the appropriate discount rate is 4.6%, how much is this asset worth today? Round to the nearest dollar.

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