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You intend to set up a mail order gift basket business in your home while you attend college/ You expect the following cash flows: Your
You intend to set up a mail order gift basket business in your home while you attend college/ You expect the following cash flows: Your borrowing rate to obtain this stream of cash flows is 11%. What is the current value of this business? What is the future value? Will it return a higher rate (IRR) than your borrowing costs must invest $ 10,000 today to begin the business
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