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Ledesma Corp. developed a product that will provide zero cash flow at the end of Years 1 and 2, and a cash inflow of $250,000
Ledesma Corp. developed a product that will provide zero cash flow at the end of Years 1 and 2, and a cash inflow of $250,000 per year forever, beginning at the end of Year 3. At a discount rate of 18%, what is the present value of the product? Multiple Choice $1,288,889 $4845,321 $543,568 O O O $997,478 $1,177,024 O
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