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Cara owns a(n) yoga studio that is worth 366,108 dollars and is expected to make annual cash flows forever. The cost of capital for the
Cara owns a(n) yoga studio that is worth 366,108 dollars and is expected to make annual cash flows forever. The cost of capital for the yoga studio is 9.05 percent. The next annual cash flow is expected in one year from today and all subsequent cash flows are expected to grow annually by 5.17 percent. What is the cash flow produced by the yoga studio in 6 years from today expected to be?
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