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Jabari owns a hair salon that has a cost of capital of 6.79 percent. The hair salon is expected to produce annual cash flows of
Jabari owns a hair salon that has a cost of capital of 6.79 percent. The hair salon is expected to produce annual cash flows of 58,799 dollars for 5 years. The first annual cash flow of 58,799 dollars is expected later today. In addition to the annual cash flows of 58,799 dollars, the hair salon is also expected to produce a special, one-time cash flow of 84,696 dollars in 2 years from today. How much is Jabaris hair salon worth?
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