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Question 28 3 pts You will receive a series of $1236 payments, annually, beginning exactly 7 years from today, for a total of 10 payments.

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Question 28 3 pts You will receive a series of $1236 payments, annually, beginning exactly 7 years from today, for a total of 10 payments. The relevant interest rate (your opportunity cost) is 6% (as an effective annual rate). What is the present value (today) of this series of payments? (Round your answer to three decimal places. For example 1.23450 or 1.23463 will be rounded to 1.235 while 1.23448 will be rounded to 1.234). 16 51716 $1336 S1236 51236

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