Question: You are evaluating a project that is expected to return $100,000, $250,000, and $200,000 in years 1, 2, and 3, respectively.In the fourth year the

You are evaluating a project that is expected to return $100,000, $250,000, and $200,000 in years 1, 2, and 3, respectively.In the fourth year the project will return $125,000 per year at the end of each year in perpetuity but this amount will grow by 2% in all future years.Assume that your cost of money is 7%.What is the present value of this project?The present value of this project is _____________.

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