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Pharoah Telecommerications Corp. has made an imvestment in another compary that will guarantee it a cash flew of 520000 each year for the next five

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Pharoah Telecommerications Corp. has made an imvestment in another compary that will guarantee it a cash flew of 520000 each year for the next five years. If the company uses a discount rate of 13 percent on its investments, what is the present value of this investment? (Round factor walues to 4 decimol ploces, es. 1.2514 and final answer to 2 decimal places, e.j. 15.25.) Excel Template (Note: This template includes the problem statement as it appears in your textbook. The problem assigned to you here muy 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 pre-entered in the template based on the textbook versisn of the problem.) Present value of investment

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