Calculate the pw of the revenue stream


Problem

Due to competition from a new plastic, revenues for the mainstay product of Toys-R-Plastic are declining at 5% per year. Revenues will be $2M for this year. The product will be discontinued at the end of year 6. If the firm's interest rate is 10%, calculate the PW of the revenue stream.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Calculate the pw of the revenue stream
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