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Consider receiving a government subsidy that reduces your production costs by $10,000 per year for the next 30 years (starting in year 1). Which of

Consider receiving a government subsidy that reduces your production costs by $10,000 per year for the next 30 years (starting in year 1). Which of the following is closest to how much this improvement is worth to you (in year zero dollars) if your opportunity cost of capital is given by a discount rate of 5%?

130000

140000

160000

150000

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