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An investment will pay $70 at the end of each of the next 3 years, $80 at the end of Year 4, $90 at

An investment will pay $70 at the end of each of the next 3 years, $80 at the end of Year 4, $90 at the end of Year 5, and $100 at the end of Year 6. If other investments of equal risk earn 7% annually, what is this investment's present value?

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