What is the present value of the project expected to produce $1million each year for...
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What is the present value of the project expected to produce $1million each year for the next 7 years (from year 1 to year 7); $2 million each year for the next 25 years (from year 8 to year 32); and $3 million each year for the next 52 years (from year 33 to year 84) if the discount rate is 3%?
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