You are thinking of buying a miniature golf course to


You are thinking of buying a miniature golf course to operate. It is expected to generate cash flows of $40,000 per year in years one through four and $50,000 per year in years five through eight. If the appropriate discount rate is 10%, what is the present value of these cash flows? Please give me solution for using

 

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Financial Management: You are thinking of buying a miniature golf course to
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