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An investment will pay $1,977 two years from now, $2,131 four years from now, and $1,943 five years from now. If the opportunity rate is
An investment will pay $1,977 two years from now, $2,131 four years from now, and $1,943 five years from now. If the opportunity rate is 10.48 percent per year, what is the present value of this investment?
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