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Ambiance is considering the purchase of Hands Gallery. Ambiance believes that Hands Gallery can generate cash flows of $ 5 , 8 0 0 ,
Ambiance is considering the purchase of Hands Gallery. Ambiance believes that Hands Gallery can generate cash flows of $$ and $ over the next three years, respectively. After that time, they feel the business will be worthless. Ambiance has determined that a rate of return of percent is applicable to this potential purchase. What is the most Ambiance should be willing to pay today to buy Hands Gallery?
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