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Today is 01/01/2023, the tech company you own develops an amazing software that costs $100,000. You expect this software to bring in a constant cash
Today is 01/01/2023, the tech company you own develops an amazing software that costs $100,000. You expect this software to bring in a constant cash flow of $15,000 at the end of each year starting from 2023, and you plan on selling this software on 12/31/2028. Considering the NPV of this software and a discount rate of 3%, what is the minimum amount you would accept when selling this software on 12/31/2028? (You will still get paid $15,000 on 12/31/2028)
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