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You are valuing an investment that will pay you $26,000 per year for the first 7 years, $34,000 per year for the next 10 years,
You are valuing an investment that will pay you $26,000 per year for the first 7 years, $34,000 per year for the next 10 years, and $60,000 per year the following 13 years (all payments are at the end of each year). If the appropriate annual discount rate is 13.00%, what is the value of the investment to you today?
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