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What is the value of a building that is expected to generate fixed annual cash flows of $3,290.00 every year for a certain amount of
What is the value of a building that is expected to generate fixed annual cash flows of $3,290.00 every year for a certain amount of time if the first annual cash flow is expected in 4 years and the last annual cash flow is expected in 7 years and the appropriate discount rate is 13.80 percent?
$5739.27 (plus or minus $10) | ||
$4569.61 (plus or minus $10) | ||
$5200.22 (plus or minus $10) | ||
$6531.29 (plus or minus $10) | ||
None of the above is within $10 of the correct answer |
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