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4. You own a gas pipeline that requires no maintenance and Is-'ill. produce $2 million of revenue next year. Unfortunately: the volume of gas is

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4. You own a gas pipeline that requires no maintenance and Is-'ill. produce $2 million of revenue next year. Unfortunately: the volume of gas is expected to decline by 4.0% per year. a. If the discount rate is l 1.0% and the pipeline lasts forever, what is it worth today? b. If the pipeline is to be abandoned at the end of 213 years, what is it worth today

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