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Hello, can you please help me with this question and show step by step how to do it becuase i'm having a hard time finding
Hello, can you please help me with this question and show step by step how to do it becuase i'm having a hard time finding the solution and I think I may be missing a step of the calculation.
Calculate the present value of the operating cash flows if the revenue of a project grows at 5 percent, while expense grows at 4 percent, given that Revenue1= $14,800 and Expense1 = $7,600. Assume the firm is all-equity financed; RF = 8%; project beta = 0.9; the market risk premium = 5.1%; and T = 40%. The project is expected to last for eight years.
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