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What is the horizon value at Year 4? What is the total net operating capital at Year 4? Which is larger, and what can explain

What is the horizon value at Year 4? What is the total net operating capital at Year 4? Which is larger, and what can explain the difference? What is the value of operations at Year 0? How does the Year-0 value of operations compare with the Year-0 total net operating capital?

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