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Year 1 Year 2 Year 3 Year 4 - 1 8 1 , 0 0 0 1 3 , 0 0 0 8 2 ,

Year 1 Year 2 Year 3 Year 4
-181,00013,00082,000207,000
Assume cash flows after year 4 will grow at5% per year, forever. If the cost of capital for this division is10%,
What is the continuation value in year 4 for cash flows after year4?

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