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You are given an investment to analyze. The cash flows from this investment are End of year 1. $10,790 2. $1,210 3. $19,290 4. $10,470

You are given an investment to analyze. The cash flows from this investment are

End of year 1. $10,790 2. $1,210 3. $19,290 4. $10,470 5. $6,550

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

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