Question
Assume a company creates cash flows of $100,000 one year from now, $150,000 two years from now, $200,000 three years from now, and four years
Assume a company creates cash flows of $100,000 one year from now, $150,000 two years from now, $200,000 three years from now, and four years from now will be sold for $1,000,000. Assuming you want to earn a 10% return, what is the value of that company today, that you would pay to buy it?
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Get StartedRecommended Textbook for
Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
12th edition
978-0324597714, 324597711, 324597703, 978-8131518571, 8131518574, 978-0324597707
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