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Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $54,000 per year for the next 13
Les Moore retired as president of Goodman Snack Foods Company but is currently on a consulting contract for $54,000 per year for the next 13 years.
If Mr. Moore's opportunity cost (potential return) is 11 percent, what is the present value of his consulting contract
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