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Janet Corp. is evaluating whether it should take over the lease of a coffee shop in Chicago the shop has been growing steadily at 7

Janet Corp. is evaluating whether it should take over the lease of a coffee shop in Chicago the shop has been growing steadily at 7% growth for the last several years Janet Corp. expects the shop to continue to grow at the same rate for the remaining lease term which is 10 years last year the coffee shop brought in net cash flows of $590,345 if the firm evaluates similar investments at 11% what is the present value of this investment

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