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I am working on discounted cash flow. I am understanding how to find the first and second year, but can't figure out the third year.
I am working on discounted cash flow. I am understanding how to find the first and second year, but can't figure out the third year. Problem is 5% rate.
1st year income is 1 million, so its 952,381
2nd year income is 1 million, so its 907,029
3rd year income is 4 million
4th year income is 4 million
5th year income is 6 million
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