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Ronald has an investment opportunity that promises to pay him $50,000 in four years. He could earn a 7% annual return Investing his money elsewhere.

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Ronald has an investment opportunity that promises to pay him $50,000 in four years. He could earn a 7% annual return Investing his money elsewhere. What is the most he would be willing to invest today in this opportunity? (FV01 $1. PV of S1. EVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answer to 2 decimal places.) T. Present value

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