You are thinking of buying a miniature golf course it is, Ask an Expert

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you are thinking of buying a miniature golf course. It is expected to generate cash flows of $40,000 per year in years 1 through 4, and 50,000 per year in years 5 through 8.

What is the present value of these cash flows with an interest rate of 4% annually?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92864210

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