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You expect to receive $ 1 , 0 0 0 in one year, and $ 2 , 5 0 0 in three years. If the

You expect to receive $1,000 in one year, and $2,500 in three years. If the interest rate is 8% per year, compounded quarterly, what is the present value of all cash flows?
$2,910.51
$2,895.08
$4,229.28
$4,253.04
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