Question: It is January 1 , 2 0 2 2 , and you are considering purchasing an asset which generates the following cash flows on the

It is January 1,2022, and you are considering purchasing an asset which generates the following cash flows on the dates given below:
Date Jun 30,2022 Jun 30,2023 Jun 30,2024 Jun 30,2025
Cash Flows $-28,000 $11,000 $16,000 $47,000
At what price (to the nearest whole dollar) would you be willing to purchase the asset to generate a 9% annual return on investment?

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