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Flower Company is considering an investment which will return a lump sum of $2,500,000 six years from now. What amount should Flower Company pay for

Flower Company is considering an investment which will return a lump sum of $2,500,000 six years from now. What amount should Flower Company pay for this investment to earn an 11% return? (For calculation purposes, use 5 decimal places as displayed in the factor table provided.)

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