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You assume that books for the next four years will cost $536 in one year, $550 in two years, $766 in three years, and $318
You assume that books for the next four years will cost $536 in one year, $550 in two years, $766 in three years, and $318 in four years when you really don't care anymore. At a discount rate of 5.6%, what is the present value of all four cash flows combined?
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