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TH Manufacturers Expects to Generate Cash Flows of $129,600 for the Next

Question 70

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TH Manufacturers expects to generate cash flows of $129,600 for the next two years.At the end of the two years the business will be sold for an estimated $3.2 million.What is the value of this business at a discount rate of 14 percent?


A) $2,704,655
B) $2,284,644
C) $2,675,703
D) $2,848,392
E) $2,900,411

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