What is the present value of these future profits

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A firm will have constant profits of $100,000 per year for the next four years, and the interest rate is 6 percent. Assuming these profits are realized at the end of each year, what is the present value of these future profits?

rev: 10_09_2014_QC_55537, 01_19_2015_QC_CS-4218

$325,816.49

$376,741.64

$400,000.85

$346,510.56

Reference no: EM13831109

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