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From years 5 to 9, you will receive net cash inflows of 100 per year hint use the ordinary annuity valuation formula with 12 as
From years 5 to 9, you will receive net cash inflows of 100 per year hint use the ordinary annuity valuation formula with 12 as the interest rate and be careful when deciding how many periods it takes to discount it to the present value?
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Economics
Authors: Roger A. Arnold
12th edition
978-1305758674, 1305758676, 978-1285738321
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