If abcs inflation-free marr is 7 and the general inflation


"The ABC Block Company anticipates receiving $58,000 per year in actual dollars from its investments (with no change) over the next 12 years, with the first payment occurring exactly one year from now. If ABC's inflation-free MARR is 7% and the general inflation rate is 2.5%, what is the net present value of these 12 cash flows?"

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Financial Management: If abcs inflation-free marr is 7 and the general inflation
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