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5. Levi Jeans company has some of its jeans manufactured under a contract with an independent clothing designer; JSC Inc. If JSC operating cost is
5. Levi Jeans company has some of its jeans manufactured under a contract with an independent clothing designer; JSC Inc. If JSC operating cost is $45,000 per year in years 1-2, but then expenses increase by 5% per year through year 8. a. Draw and label the cash flow diagram. b. What is the present worth of this operating cost model at year 0 assuming an interest rate of 15% per year
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