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Year Cash flow sh.000 1 400 2 800 3 500 4 400 5 300 If a firm has been offered the opportunity to receive the
Year | Cash flow |
| sh.000 |
1 | 400 |
2 | 800 |
3 | 500 |
4 | 400 |
5 | 300 |
If a firm has been offered the opportunity to receive the above amounts and if its required rate of return is 9% what is the most it should pay for this opportunities?
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