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Company signed a parking contract with the firm Get Rich Quick to receive: $100,000/year for the first 3 years $150,000/year for the next 5 years

Company signed a parking contract with the firm "Get Rich Quick" to receive:

$100,000/year for the first 3 years

$150,000/year for the next 5 years

$200,000/year for the last 2 years

Company's opportunity cost is 8.0%/year.

What is the value of this contract to Company?

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