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Compute the present value of this stream of income at a discount rate of 7%. Remember, you are calculating the present value for$170,632,000 a whole stream of income, i.e. the total value of receiving all three payments (how much you would pay right now to receive these three payments in the future). Your answer should be one number - the present value for this gold mine at a 7% discount rate but you have to show how you got to this number.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9109430

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