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Your company is looking at building a hydroelectric dam. The dam will provide income of $ 3 , 5 0 0 , 0 0 0
Your company is looking at building a hydroelectric dam. The dam will provide income of $ per month indefinitely which you should take to mean 'forever. Since you have to build the dam before seeing any revenue, the first payment will be in exactly years. How much would they be willing to pay today if they want to earn j on their money?
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