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An investment will pay $150 at the end of each of the next 3 years, $210 at the end of Year 4, $350 at the

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An investment will pay $150 at the end of each of the next 3 years, $210 at the end of Year 4, $350 at the end of Year 5, and $450 at the end of Year 6. If other investments of equal risk earn 7% annually, what is its present value? $1, 103.25 None of the above $923.98 $1, 035.64 $876.59

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