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Your business partner offer you a position that should pay-off $4,000 per year for 6 years, followed by $2,000 per year forever. In order to

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Your business partner offer you a position that should pay-off $4,000 per year for 6 years, followed by $2,000 per year forever. In order to earn a rate of return equal to 9.9%, how much should you pay to get into the position? Round your answer to two decimal places

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