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Oriole Telecommunications Corp. has made an investment in another company that will guarantee it a cash flow of $21,500 each year for the next five
Oriole Telecommunications Corp. has made an investment in another company that will guarantee it a cash flow of $21,500 each year for the next five years. If the company uses a discount rate of 19 percent on its investments, what is the present value of this investment? (Round factor values to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here may have different values. When using this template, copy the problem statement from this screen for easy reference to the values you've been given here, and be sure to update any values that may have been preentered in the template based on the textbook version of the problem.) Present value of investment $
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