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Present value of a complex? stream

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(Present value of a complex? stream)

Don Draper has signed a contract that will pay him $50,000 at the beginning of each year for the next 7 ?years, plus an additional $110,000 at the end of year 7. If 12 percent is the appropriate discount? rate, what is the present value of this? contract?

Reference no: EM132707672

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