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An investment promises two payments of $570, on dates three and six months from today. If the required rate of return on the investment is
An investment promises two payments of $570, on dates three and six months from today. If the required rate of return on the investment is 4.7%:
What is the value of the investment today? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
What is the value of the investment today? (Do not round intermediate calculations and round your final answer to 2 decimal places.)
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