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You invest $2,000 today and expect to sell your investment for $4,500 in 10 years. a-1. Calculate the present value of the future payoff if

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You invest $2,000 today and expect to sell your investment for $4,500 in 10 years. a-1. Calculate the present value of the future payoff if the interest rate is 8%. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. a-2. Is this a good deal? b-1. Calculate the present value if the interest rate is 11%. Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b-2. Is this a good deal

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