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Construct what is the present value of the investment

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Reference no: EM132532531

You are given an investment to analyze. The cash flows from this investment are End of year

1. $27,690

2. $1,070

3. $25,140

4. $29,900

5. $9,100

Question 1 : What is the present value of this investment if 5 percent per year is the appropriate discount rate? Round the answer to two decimal places.

Reference no: EM132532531

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