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Jennie owns a ropes course that has a cost of capital of 1 1 . 0 0 percent. The ropes course is expected to produce
Jennie owns a ropes course that has a cost of capital of percent. The ropes course is expected to produce annual cash flows of $ for years. The first annual cash flow of $ is expected later today. In addition to the annual cash flows of $ the ropes course is also expected to produce a special, onetime cash flow of $ in years from today. How much is Jennie's ropes course worth?
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