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Advanced Animation Studios (AAS) is considering the purchase of a new, innovative technology that can generate cash flows of $150,000, $190,000, and $240,000 over the

Advanced Animation Studios (AAS) is considering the purchase of a new, innovative technology that can generate cash flows of $150,000, $190,000, and $240,000 over the next three years, respectively. After that time, they feel the technology will be worthless. The company has determined that a 13 percent rate of return is applicable to this potential purchase. What is AAS willing to pay today to buy this new technology

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