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A firm expects revenues (currently $100,000) will grow at a 3% rate per year for the next four years. The opportunity cost of money is

A firm expects revenues (currently $100,000) will grow at a 3% rate per year for the next four years. The opportunity cost of money is 6% per year. Assuming these revenues are realized at the end of each year, what is the present value of these future annual cash flows?

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