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Ronald Slump purchased a real estate investment with the following end - of - year cashflows:Year End of year balance 1 $ 2 0 0

Ronald Slump purchased a real estate investment with the following end-of-year cashflows:Year End of year balance1 $2002 $-3503 $-4304 $950Suppose that the discount rate is 20%, calculate the present value of the investment.

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