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You received $1,000 today and you will receive a $1,000 per year for four years starting in year 3. If your required rate of return

You received $1,000 today and you will receive a $1,000 per year for four years starting in year 3. If your required rate of return is 8%, what is the present value of those payments?

$3,312.18
$2,839.46
$2,647.18
$3,839.46

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