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Your firm is bidding on a contract to supply the federal government with aircraft parts for the next ten years. After all your costs are
Your firm is bidding on a contract to supply the federal government with aircraft parts for the next ten years. After all your costs are taken into account, the contract will yield $12,000 in profits per year for all ten years. Since your weighted average cost of capital is 15%, what is the present value of this contract of this opportunity?
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