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real estate investment has the following expected cash flows: Year Cash Flows 2 3 4 $15,000 18,000 21,000 26,000 The discount rate is 6 percent.

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real estate investment has the following expected cash flows: Year Cash Flows 2 3 4 $15,000 18,000 21,000 26,000 The discount rate is 6 percent. What is the investment's present value? Round your answer to 2 decimal places; for example 2345.25

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