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You are given an investment to analyze. The cash flows from this investment are End of year 1. $6,100 2. $2,110 3. $3,450 4. $6,290

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

End of year 1. $6,100 2. $2,110 3. $3,450 4. $6,290 5. $2,490

What is the present value of this investment if 15 percent per year is the appropriate discount rate?

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