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part B and C P5-34 (similar to) Question Help Value of a mixed stream Harte Systems, Inc., a maker of electronic survillance equipment, is considering

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P5-34 (similar to) Question Help Value of a mixed stream Harte Systems, Inc., a maker of electronic survillance equipment, is considering selling the rights to market its home security system to a well-known hardware chain. The proposed deal calls for the hardware chain to pay Harte $26,000 and $21,000 at the end of years 1 and 2 and to make annual year-end payments of $18,000 in years 3 through 9. A final payment to Harte of $15,000 would be due at the end of year 10 a. Select the time line that represents the cash flows involved in the offer. b. If Harto applies a required rate of return of 11% to them, what is the present value of this series of payments? c. A second company has offered Harte an immediate one-time payment of $120,000 for the rights to market the home security system. Which offer should Harte accept? 3 0 2 9 10 $26.000 $21,000 $18,000 $18,000 $15,000 10 OB 0 3 $15,000 $18,000 $21,000 $21,000 $26.000 9 10 0 - $26,000 - $21,000-$18,000 - 510,000 - $15,000 9 10 0 $26.000 $21,000 - $18,000 -$18,000 $15.000 b. The present of the mixed stream of cash flows involved in the offer is 5 23423 (Round to the nearest dollar Enter your wer in the answer box and then click Check Answer Clear All Check A 1 par

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