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Rust Industries runs a small manufacturing operation. For this fiscal year, it expects real net cash flows of $197,000The company is an ongoing operation, and
Rust Industries runs a small manufacturing operation. For this fiscal year, it expects real net cash flows of $197,000The company is an ongoing operation, and it expects its net cash flows to grow at percent per year indefinitely. The discount rate for the project is 11 percent. All net cash flows are received at year-end. What is the present value of the net cash flows from the company's operations?
options include:
823.50
58,823.53
1,000
3,940,000
1,880.35
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