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You are considering the following project. The project will pay $150 in one year (t=1), $133 in the second year, and $1400 in the third

You are considering the following project. The project will pay $150 in one year (t=1), $133 in the second year, and $1400 in the third year. What is the present value of the project if the interest rate is 3%? Round to the first two decimal places.

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