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Question 10 of 14 An investment is expected to generate 10 annual cash flows of $2195 per year, starting in exactly two years. There is
Question 10 of 14 An investment is expected to generate 10 annual cash flows of $2195 per year, starting in exactly two years. There is an additional cash flow of $2883 expected in exactly 13 years. If the appropriate annual interest rate is 5%, compounded annually, what would you expect someone to pay for this investment today? O [Keep at least 3 decimal places for all intermediate steps. Express your final answer with 2 decimal places (ie. 55555.55 and NO COMMAS) Amount invested: $ Mark for Review What's This
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