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Suppose that you will receive annual payments of $ 9 , 0 0 0 at the end of every year for a period of 1

Suppose that you will receive annual payments of $9,000 at the end of every year for a period of 10 years. The first payment will be made 4 years from now. If the interest rate is 5.2% per year what is the present value of this stream of payments? Answer in dollars with 2 decimals.

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