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What is the present value of a company with a WACC of 12%, and the following cash flows for years 1 to 5, respectively: $1
What is the present value of a company with a WACC of 12%, and the following cash flows for years 1 to 5, respectively: $1 million, $1.25 million, $1.5 million, $1.75 million, $2 million. After year 5, assume the firm will grow at 5% per year, indefinitely.
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