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You are facing two offers for selling your company:
Offer A: 1 Mio in 2 years, 1 Mio in 4 years.
Offer B: 1.8 Mio immediately, half a Million in 2 years and 1.1 Mio in 4 years.
What is the difference of the present value of the two offers, if you calculate with a discount rate of 3% p.a. (round to EUR)?
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