An investment offers the following cash flows: $414 today, $719 one year from now, $358...
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Finance
An investment offers the following cash flows: $414 today, $719 one year from now, $358 in 2 years, and $735 in 3 years. If the relevant interest rate is 5% per year (an APR, with interest compounded annually), what is the value of the investment 3 years from today (immediately after the cash flow at "year 3" occurs)?
Margin of error for correct answers: +/- .05.
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