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Business, 04.07.2019 21:30 Kitkatuu

You are planning to place your money in safe government securities, which currently offer a 4% riskless rate of return. before making this investment, an entrepreneur approaches you and asks you to purchase her new business venture, fastdrop, a delivery service for legal documents that would produce a single cash inflow of $80,000 at the end of the year. you have determined that 6% is an appropriate risk premium for this investment. how much would you be willing to pay for fast drop? enter only the number of your answer. do not use the dollar sign or ,s.

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