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Investment in Petroleum Corporation. You expect to receive cash flow of $4,000 at the end of year 1, $8,000 at the end of year 2,
Investment in Petroleum Corporation. You expect to receive cash flow of $4,000 at the end of year 1, $8,000 at the end of year 2, and $20,000 at the end of year 4, when Petroleum Corporation is to be sold. Your company uses a 20% required return to estimate its value. Calculate the value.
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