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You are considering an investment opportunity that yields $500 one year from today, $870 in two years, and $1,350 in three years. What is the

You are considering an investment opportunity that yields $500 one year from today, $870 in two years, and $1,350 in three years.

What is the present value of these cash inflows if your opportunity cost is 7%?

(Round your answer to the nearest hundredth; two decimal places)

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