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You are thinking of buying a miniature golf course to operate. It is expected to generate cash flows of $40,000 per year in years one
You are thinking of buying a miniature golf course to operate. It is expected to generate cash flows of $40,000 per year in years one through four and $50,000 per year in years five through eight. If the appropriate discount rate is 10%, what is the present value of these cash flows? Thank you for quick respond Please tell me How did you get the discount 10% chart, also I got the 40000, pv is 126794.61. How todo the 50000 part. I like todo it short cut using baii plus calculator . Won't have enough time during exam.
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