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QUESTION 15 Joe just inherited the family business, and having no desire to run the family business, he has decided to sell it to an

QUESTION 15 "Joe just inherited the family business, and having no desire to run the family business, he has decided to sell it to an entrepreneur. In exchange for the family business, Joe has been offered an immediate payment of $100000. Joe will also receive payments of $10000 in one year, $10000 in two years, and $10000 in three years. The current market rate of interest for Joe is 10%. In terms of present value (PV), how much will Joe receive for selling the family business?Note: Express your answers in strictly numerical terms. For example, if the answer is $500, write enter 500 as an

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