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50. At a discount rate of 15%, what is the value of an investment that pays $9,000 per year forever? A. $40,000 B. $60,000 C.

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50. At a discount rate of 15%, what is the value of an investment that pays $9,000 per year forever? A. $40,000 B. $60,000 C. $80,000 D. $120,000 52. Miami Corporation has the following income statement and balance sheet: Net Sales, $50,000,000; Cost of Goods Sold, $40,000,000; Accounts Receivable, $5,000,000, Inventory, $6,000,000; Accounts Payable, $3,000,000. Rounded to the nearest day, what is the length of the company's cash cycle? A. 55 days B 64 days C. 82 days D. 93 days

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