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ABC Inc is expected to generate the cashflows given in the table below. What is the value of ABC today assuming a discount rate of
ABC Inc is expected to generate the cashflows given in the table below. What is the value of ABC today assuming a discount rate of 7% ? (Round to 2 decimal places)
| End of Year | Cash Flow |
| 1 | 12,887 |
| 2 | 12,393 |
| 3 | 15,097 |
| 4 | 11,557 |
| 5 | 20,450 |
| 6 | 12,931 |
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Intermediate Accounting Study Guide Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
14th Edition
1118014499, 978-1118014493
