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You start a business that you expect will provide you with income of $94,494 per year for 17 years. Since this is a start-up business,
You start a business that you expect will provide you with income of $94,494 per year for 17 years. Since this is a start-up business, it will not begin providing you income until 4 years from now. If market interest rates are 2.67% APR (compounded annually), what is the market value of this business today?
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