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Use the following information to answer the next two questions. The management of Dead Man Walking Brewery (DMWB) is considering a major expansion. Management would
Use the following information to answer the next two questions. The management of Dead Man Walking Brewery (DMWB) is considering a major expansion. Management would spend $5m four years from now on a facility and equipment. DMWB would receive cash benefits of $0.5m, $1.5m, $3m, $5m and $6m five, six, seven, eight and nine years from now, respectively. DMWB can earn an annual return of 5%, compounded annually, on money invested now. Question 8 Not yet answered Points out of 9.00 Flag question Question text What will the present value of this cash stream be three years from now, in millions of dollars? (For example, if your answer is $100m, enter 100.0000.)
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