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Investment X has the following projected cash flows over the next four years: Year Amount 1 $6500 2 $7500 3 $3100 4 $1900 If the

Investment X has the following projected cash flows over the next four years: Year Amount 1 $6500 2 $7500 3 $3100 4 $1900 If the opportunity cost for an investment of this level of risk is 8.1%, what is the most that you should be willing to pay for it?

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