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Michigan Food Stores is planning to sell its Southgate, Wyandotte, and Burton stores. The firm expects to sell each of the three stores for the

Michigan Food Stores is planning to sell its Southgate, Wyandotte, and Burton stores. The firm expects to sell each of the three stores for the same, positive cash flow of $D. The firm expects to sell its Southgate store in K years, its Wyandotte store in K years, and its Burton store in P years. The cost of capital for the Southgate and Wyandotte stores is G percent and the cost of capital for the Burton store is R percent. We know that K < P > 0 and G < R > 0. The cash flows from the sales are the only cash flows associated with the various stores. Based on the information in the preceding paragraph, which one of the following assertions is true?

The Wyandotte store is the most valuable of the 3 stores

The Southgate store is the most valuable of the 3 stores

The Burton store is the most valuable of the 3 stores

Two of the three stores have equal value and those two stores are more valuable than the third store or all three stores have the same value

Cannot be determined based on the information given

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