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EcoChain estimates its cash flows from assets to be $125,000 in year 1, $250,000 in year 2, and $300,000 in year 3. It expects cash
EcoChain estimates its cash flows from assets to be $125,000 in year 1, $250,000 in year 2, and $300,000 in year 3. It expects cash flows from assets to grow at 3 percent per year after year 3. The weighted average cost of capital for EcoChain is 15 percent. Compute the value of EcoChain today.
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