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You are given an investment to analyze. The cash flows from this investment are End of year 1. $5,600 2. $2,450 3. $24,030 4. $12,100

You are given an investment to analyze. The cash flows from this investment are End of year 1. $5,600 2. $2,450 3. $24,030 4. $12,100 5. $9,690 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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