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You just bought equipment from Gray Lake Agriculture. You will receive a cash rebate of $ 2 , 1 0 0 from Gray Lake Agriculture
You just bought equipment from Gray Lake Agriculture. You will receive a cash rebate of $ from Gray Lake Agriculture in years, pay $ to Gray Lake Agriculture in years, receive a cash rebate of $ from Gray Lake Agriculture in years, and pay $ to Gray Lake Agriculture in years. The discount rate is percent per year. What is the present value of the cash flows associated with this transaction? Note: the correct answer is less than zero.
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