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Consider the sale of some property where the seller agrees to accept a cash flow stream rather than a one-time up-front payment. What was the
Consider the sale of some property where the seller agrees to accept a cash flow stream rather than a one-time up-front payment. What was the seller's selling price if the cash flow stream accepted, at a required return of 6% was as follows:
$1,000 | $2,000 | $2,000 | $2,000 | |
0 | 1 | 2 | 3 | 4 |
Seller's Selling Price?_______
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