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In eight years (t = 8) you will receive $31 and the very next year, (t=9) you will get $52. If the discount rate for

In eight years (t = 8) you will receive $31 and the very next year, (t=9) you will get $52. If the discount rate for these future cash flows is 4.9 percent, what should be their combined NPV today (t = 0) to the nearest cent.

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