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You agree on 2 0 years contract that will give you annual cash flow for the next 2 0 yeas. The first five year of

You agree on 20 years contract that will give you annual cash flow for the next 20 yeas. The first five year of the project made excellent return of $35,000 a year. Then the project run to the difficulties had no cash flow for three years. After that, the project goes back to nearly full capacity and gives $30,000 annual cash flow to the end of the project. What is the value of the project if interest rate during this period was 11% annually compounding annually.

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