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Langdon Company is considering purchasing a capital investment that is expected to proylde anrual cash inflaws of 516.500 per year for 3 years. Assuming that

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Langdon Company is considering purchasing a capital investment that is expected to proylde anrual cash inflaws of 516.500 per year for 3 years. Assuming that Langdon's required rate of return is 10%, what is the present value of these cash infiows? (PY of 51 ond pyA of si) (Use appropriate factor(s) from the tables provided. Do not round Intermedlate caleulations. Round your final answer to the nearest dollar)

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