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An investment you want to buy is going to pay you $620 at the end of year 1, $874 at the end of year 2,
An investment you want to buy is going to pay you $620 at the end of year 1, $874 at the end of year 2, and $532 at the end of year three. If the current market return is 6.25% on similar investments, what is the most you should pay today for these future cash flows?
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