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You are given an investment to analyze. The cash flows from this investment are End of year 1.$11,300 2.$2,590 3.$2,970 4.$28,310 5.$1,020 What is the

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

End of year

1.$11,300

2.$2,590

3.$2,970

4.$28,310

5.$1,020

What is the present value of this investment if 15 percent per year is the appropriate discount rate? Round the answer to two decimal places. show working, and formula.

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