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Tom Tom Co. has been working on new technology. This new technology will be available in the near term, and the firms CEOs anticipates the
Tom Tom Co. has been working on new technology. This new technology will be available in the near term, and the firms CEOs anticipates the first cash flow to be $300,000, recieved four years from today. subsequent annual cash flow will grow at 3% in perpetuity. Calculate the value of the technology today if the discount rate is 10% ( round to 2 decimals) QUESTION 13
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