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NEED HELP ASAP Wally, president of Wally's Burgers, is considering franchising. He has a potential franchise agreement that would allow him to receive16 end-of-year payments
NEED HELP ASAP
Wally, president of Wally's Burgers, is considering franchising. He has a potential franchise agreement that would allow him to receive16 end-of-year payments starting one year from now. The first two payments would be $26000 and $ 24 000 in one and two years respectively, and then $17000 per year after that for 14 years. If Wally requires a return of 8.2 % what is the present value of this stream of cash flows? What is the present value of this stream of cash flows?
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