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The Ogden Corporation makes an investment of $25,000, which yields the following cash flows: Year Cash Flow 1................. $ 5,000 2................. 5,000 3................. 8,000 4.................
The Ogden Corporation makes an investment of $25,000, which yields the following cash flows:
Year Cash Flow
1................. $ 5,000
2................. 5,000
3................. 8,000
4................. 9,000
5................. 10,000
What is the present value with a 9 percent discount rate (cost of capital)?
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