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Question: A project will provide in 3 years either $8,000 with 20% probability, $13,000 with a 30% probability, $18,000 with a 40% probability, and $45,000 with a 10% probability. Given a 6% discount rate, what is its expected present value? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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