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As of 26/04/2022, the current price of silver is $25.18 per ounce. The price of silver is expected to grow at 2 percent per year

As of 26/04/2022, the current price of silver is $25.18 per ounce. The price of silver is expected to grow at 2 percent per year for the foreseeable future. If the appropriate discount rate is 8 percent, calculate the present value of silver after three years?

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