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n asset was issued 22 months ago. The asset promised just one cash flow of $18000, to be paid to the owner exactly 5 years
n asset was issued 22 months ago. The asset promised just one cash flow of $18000, to be paid to the owner exactly 5 years from the date that the asset was issued. If the required rate of return on this asset is 14%, then what is its present value? Round your answer to the nearest dollar.
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