What is the cash flow produced by the hair salon

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Trang owns a(n) hair salon that is worth 85,089 dollars and is expected to make annual cash flows forever. The cost of capital for the hair salon is 13.64 percent. The next annual cash flow is expected in 1 year and is expected to be 9,530 dollars. All subsequent cash flows are expected to grow annually at a constant growth rate. What is the cash flow produced by the hair salon in 2 years expected to be?

Reference no: EM132466162

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