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An investor is considering the following opportunity He will put capital into a start up company today He will not receive any cash flows from
An investor is considering the following opportunity He will put capital into a start up company today He will not receive any cash flows from the investment until end of the 5th year At that point he will receive 11 18 years of 15 100 00 per year If his discount rate on this investment is 17 73 what is the value of this opportunity today Answer Format Currency Round to 2 decimal places
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