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A diamond mine is expected to produce regular annual cash flows of $ 1 million with the first regular cash flow expected later today and
A diamond mine is expected to produce regular annual cash flows of $ million with the first regular cash flow expected later today and the last regular cash flow expected in years from today. In addition to the regular cash flows of $ the diamond mine is also expected to produce an extra cash flow of $ in years from today. The cost of capital for the diamond mine is percent. What is the value of the diamond mine?
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