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Economics

Due to competition from a new polycarbon, revenues for the mainstay product of Toys-R-Polycarbon are declining at 5% per year. Revenues will be $5M for this year. The product will be discontinued at the end of Year 6. If the firm's interest rate is 10%, calculate the PW of the revenue stream.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92639186

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