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3. A fisherman buys a new lobster boat for $133,000 and expects to generate $31,000 annually in operating cash flows for 6 years. The internal

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3. A fisherman buys a new lobster boat for $133,000 and expects to generate $31,000 annually in operating cash flows for 6 years. The internal rate of return is 10.51% and the required return on assets is 7.21%. Compute the terminal value of the lobster boat

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