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You are given an investment to analyze. The cash flows from this investment are End of year 1. $19,760 2. $2,700 3. $15,540 4. $27,390
You are given an investment to analyze. The cash flows from this investment are
End of year
1. $19,760
2. $2,700
3. $15,540
4. $27,390
5. $9,060
What is the present value of this investment if 5% per year is the appropriate discount rate?
Round the answer two decimal places.
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