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QUESTION
Ameri Copr expects to receive $2000 per year for 10 years, and $3500 per year for the next 10 years at the end of each year. What is the approxiamte
Ameri Copr expects to receive $2000 per year for 10 years, and $3500 per year for the next 10 years at the end of each year. What is the approxiamte present value of this 20 year cash flow? Use an 11% discount rate?
