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You have been offered the opportunity to invest in a project that will pay $3,286 per year at the end of the year’s one through three and $14,969 per year at the end of years 4 and 5. If the appropriate discount rate is 6.65 percent per year, what is the present value of this cash flow pattern?

Round the answer to two decimal places

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91270880

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