Medical equipment manufacturers and biotechnology companies

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Reference no: EM131974730

1. What is the present value of a lump sum, $293,000 in 8 years if the interest rate (discount rate) is 5.4 percent annually? (Round your answer to 2 decimal places)

2. Now consider three important healthcare industries: hospitals, medical equipment manufacturers, and biotechnology companies. On average, which of these industries uses the most debt financing and which uses the least? Which industry sits in the middle?

Reference no: EM131974730

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