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9. You have an opportunity to buy a Magic Box. The Box spits out a $50 bill every year on the anniversary of its purchase

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9. You have an opportunity to buy a Magic Box. The Box spits out a $50 bill every year on the anniversary of its purchase for the first 5 years. After that it pays you $40 per year forever. What is the value of the Box? Use a discount rate of 6%. If the Magic Box were a tradable security, what would be the NPV of your purchase? Describe how Ocean Carriers is like a Magic Box. How is it different

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