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Kaylee wants to buy a machine shop on Beaumonde and someday retire from space flight. She purchases a contract to buy a little shop 10 years from today. At that time, it will be worth $40,000.

What is the shop worth to Kaylee today? Kaylee has a discount rate of 65%.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91813571

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