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Client with a legal service worth

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Reference no: EM131228140

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1.) You have provided your client with a legal service worth $8,500. Your client offers you the following cash flows instead of paying $8,500 today. Should you accept his offer if your opportunity cost is 10 percent?

Year

Cash Flow

1

$4,000

2

3,000

3

2,000

4

2,000

Reference no: EM131228140

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