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You have an investment that will provide $1,000 at the end of each of the next 24 months and $1,500 at the end of each
You have an investment that will provide $1,000 at the end of each of the next 24 months and $1,500 at the end of each of the following 24 months (periods 25 through 48). If your opportunity cost of funds is 10%, what is the present value of this investment?
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