You are facing two offers for selling your company: Offer A: 1 Mio in 2 years, ...
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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: consists of 4 yearly payments, that are payed at the end of each year (first in one year). How much should these payments be in order to gain an equivalent offer to A? (i=3% p.a., round to EUR)
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