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Using the VC method, calculate the current value of the following company today: The company has a forecast net income of the following: Year 1

Using the VC method, calculate the current value of the following company today:
The company has a forecast net income of the following:
Year 1: $100,000
Year 2: $200,000
Year 3: $300,000
Year 4: $500,000
P/E ratio of similar companies is 8. Discount rate is 35%.
Group of answer choices
$150,534
$500,000
$1,204,272
$4,000,000

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