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You are to receive $ 4 , 0 0 0 , $ 6 , 3 0 0 and $ 7 , 6 0 0 at

You are to receive $4,000,$6,300 and $7,600 at the end of each of the next 3 years.
If the market interest rate is 4.10%, how much would this payment stream be worth
today?
a. $17,065
b. $16,393
c. $17,900
d. $16,806
e. $15,867
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