Question: Net revenues at an older manufacturing plant will be $2 million for this year. The net revenue will decrease 15% per year for 5 years,
Net revenues at an older manufacturing plant will be $2 million for this year. The net revenue will decrease 15% per year for 5 years, when the assembly plant will be closed (at the end of Year 6). If the firm's interest rate is 10%, calculate the PW of the revenue stream.
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