An investment will pay 1351 two years from now 2973 four


An investment will pay $1,351 two years from now, $2,973 four years from now, and $1,1303 five years from now. If the opportunity rate is 11.77 percent per year, what is the present value of this investment?

Round answer to two decimal places

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Financial Management: An investment will pay 1351 two years from now 2973 four
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