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An investment of $1000 now will generate the following cash inflows: At the end of Year-2: $915 and Year-5: $816. If the market rate is

An investment of $1000 now will generate the following cash inflows:

At the end of Year-2: $915 and Year-5: $816.

If the market rate is 10.44%, what would be the present value of the above cash inflows?

(Do not use the negative sign in the final answer, which should be rounded to 2-decimal places)

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