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Theo owns a food truck that has a cost of capital of 9.96 percent. The food truck is expected to produce annual cash flows of
Theo owns a food truck that has a cost of capital of 9.96 percent. The food truck is expected to produce annual cash flows of 15,608 dollars for 10 years. The first annual cash flow of 15,608 dollars is expected later today. In addition to the annual cash flows of 15,608 dollars, the food truck is also expected to produce a special, one-time cash flow of 82,218 dollars in 5 years from today. How much is Theos food truck worth?
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