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A major electronics manufacturer expects to generate additional rev- enue from its recently won government contract. The company fore- casts that the revenue will be
A major electronics manufacturer expects to generate additional rev- enue from its recently won government contract. The company fore- casts that the revenue will be $190 million in the first year, but will decline by $2 million every year for the next 3 years. What is the sent worth of total revenue at an interest rate of 18% per year? (25 points) pre
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