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Tigers Co. expects to receive the following cash flows over the next 102 years fromits regular operations: Show all work. The first 27 years: $10,000
Tigers Co. expects to receive the following cash flows over the next 102 years fromits regular operations: Show all work.
The first 27 years: $10,000 each year-end
The next 37 years (from year 28 till year 64): $15,000 each year-end
The next 38 years (from year 65 till year 102): $20,000 each year-end
What is the present value of Truman's operation if the appropriate discount rate is 5%?
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