The product will be discontinued at the end of year 6 if, Business Economics

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The product will be discontinued at the end of year 6 if

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.

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Business Economics: The product will be discontinued at the end of year 6 if

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Business Economics: The product will be discontinued at the end of year 6 if

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