You have been offered the opportunity to invest in a, Financial Management

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You have been offered the opportunity to invest in a

You have been offered the opportunity to invest in a project that will pay $1,532 per year at the end of the years one through three and $11,071 per year at the end of years 4 and 5. If the appropriate discount rate is 18.88 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: You have been offered the opportunity to invest in a

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