Question
Dunderr Mifflin is expected to produce cash flows of $10.000, $20.000 $25.000, and $30.000 at the end of the next four years, respectively. Management
Dunderr Mifflin is expected to produce cash flows of $10.000, $20.000 $25.000, and $30.000 at the end of the next four years, respectively. Management believes that at the end of four years they can sell the company for $220.000. What is this company worth today if the interest rate is 10%? (Do not round intermediate calculations and round your answer, e.g. 1.112) Online calculator: https://www.desmos.com/scientific
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus
8th edition
77861620, 978-0077861629
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