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The website LemonLyman.com will generate $200 in advertising revenue one year from today, and revenue is expected to grow by 5% per year, forever. A
The website LemonLyman.com will generate $200 in advertising revenue one year from today, and revenue is expected to grow by 5% per year, forever. A third party is interested in buying the website, and its owners would like to know what price they should charge. Given an effective annual interest rate of 10%, what is the present value of this website?
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