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Business, 17.02.2020 16:42 ddllww369

You invest in a business that you expect will earn profit (in thousands of dollars) of $12 by the end the year, $17 next year, $25 the third year, and $30 the 4th year. Other investments of equal risk earn 5%. How much is this business worth today?

a. $69.36
b. $90.91
c. $64.82
d. $84.00
e. None of the above

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