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Use X% = 17% Self Test Question 5.4: You own a small business that is for sale. You have been offered $2,000 per year for

Use X% = 17%

Self Test Question 5.4: You own a small business that is for sale. You have been offered $2,000 per year for five years, with the first receipt at the end of four years. Calculate the present value of this offer, using an X% discount rate.

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