A factory forecasts to produce the following cash flows -


A factory forecasts to produce the following cash flows:

Year 1 - $6,516

Year 2 - $7,000

Year 3 - $11,400

Year 4 onward in perpetuity - $12,000.

If the cost of capital is 6%, what is the factory's present value?

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Financial Management: A factory forecasts to produce the following cash flows -
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