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You have been offered the opportunity to invest in a project

/in /by

You have been offered the opportunity to invest in a project that
will pay $5,003 per year at the end of years one through three and $11,516 per year at the end of years four and five. If the appropriate discount rate is 11.5 percent per year, what is the percent value of this cash flow pattern?
Round the answer to two decimal places

 
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