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A local buyer offers to buy your small beverage business for $16,525,000 cash today. Coca-Cola offers to buy it for a $1,000,000 per year payment

A local buyer offers to buy your small beverage business for $16,525,000 cash today. Coca-Cola offers to buy it for a $1,000,000 per year payment for the next twenty years, plus a $4,000,000 cash payment up front today. If your discount rate is 6%, which offer is more attractive?

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