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You own a store that is worth $57000 and is expected to make annual cash flows forever. The cost of capital for the store is
You own a store that is worth $57000 and is expected to make annual cash flows forever. The cost of capital for the store is 15.70 percent. The next annual cash flow is expected in on year from today and all subsequent cash flows are expected to grow annually by 6.30%. What is the cash flow proced by the store in six years from today and expected to be?
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