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An investment will pay $1283 two years from now, $ 3848 four years from now and $3124 five years from now. If the opportunity rate

An investment will pay $1283 two years from now, $ 3848 four years from now and $3124 five years from now. If the opportunity rate is 19.57 percent per year, what is the present value of this investment? Round the answer to two decimal places.

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