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Year Profit Flow (in thousands of dollars) 1 $700 2 $800 3 $900 1. Determine the present value of this flow of profits for a

Year Profit Flow (in thousands of dollars) 1 $700 2 $800 3 $900 1. Determine the present value of this flow of profits for a corporation. Assume the risk free return is 8% and the risk premium is 3%. How would a decrease in firm profits affect the present value

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