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Suppose that you will receive annual payments of $5,000 at the end of every year for a period of 10 years. The first payment will

Suppose that you will receive annual payments of $5,000 at the end of every year for a period of 10 years. The first payment will be made 4 years from now. What is the present value of this stream of payments? Assume an interest rate of 7% per year. Answer in dollars with 2 decimals

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