You are considering the purchase of an investment that would pay you $98 per year for Years 1-4, $91 per year for Years 5-7, and $74 per year for...

You are considering the purchase of an investment that would pay you $98 per year for Years 1-4, $91 per year for Years 5-7, and $74 per year for Years 8-10. If you require a 14 percent rate of return, and the cash flows occur at the end of each year, then how much should you be willing to pay for this investment?