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Your client is going to buy an investment that will pay $2,602 two years from now, $4,216 four years from now, and $2,007 five years

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Your client is going to buy an investment that will pay $2,602 two years from now, $4,216 four years from now, and $2,007 five years from now. If the appropriate after-tax rate of return is 7.14 percent per year, what is the present value of this investment? Round the answer to two decimal places. Your

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