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You are given an investment to analyze. The cash flows from this investment are End of year 1.$27,410 2.$1,800 3.$8,510 4.$24,200 5.$6,600 What is the
You are given an investment to analyze. The cash flows from this investment are
End of year
1.$27,410
2.$1,800
3.$8,510
4.$24,200
5.$6,600
What is the present value of this investment if 5 percent per year is the appropriate discount rate?
Round the answer to two decimal places.
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