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Can someone show me this solution in Excel and the answer? Taylor Swift is thinking about buying a new record company. It is expected to
Can someone show me this solution in Excel and the answer?
Taylor Swift is thinking about buying a new record company. It is expected to generate positive cash flows of $80,000 per year in years one through four and $120,000 per year in years five and six. She will then sell the company for $180,000 at the end of year six. If Taylor discounts her investments at 15%, at what price would she breakeven on her investment? (assume all cash flows happen at the end of the year).
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