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An investment offers to pay you $22,300 per quarter for the next 10 years (The payments start one quarter after you purchase the investment).If you

An investment offers to pay you $22,300 per quarter for the next 10 years (The payments start one quarter after you purchase the investment).If you require 12% rate of return, how much should you pay for this investment? (Note: Compounding matches payment frequency. Answers are rounded.)

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