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QUESTION 2 An investment pays $2 every year for 30 years, with the first payment occurring in one year, and each subsequent payment occurring in

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QUESTION 2 An investment pays $2 every year for 30 years, with the first payment occurring in one year, and each subsequent payment occurring in annual intervals. If your cost of capital is 10% APR with annual compounding, what is the present value of these cash flows? Your final answer must be rounded to the nearest dollar, only numeric, and exclude the dollar sign. Rounding examples: 1.49 would be rounded to 1 and 1.50 would be rounded to 2

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