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What is the present value of this? contract

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Question - Present value of a complex? stream - Don Draper has signed a contract that will pay him $80,000 at the end of each year for the next 8 ?years, plus an additional $150,000 at the end of year 8. If 9 percent is the appropriate discount? rate, what is the present value of this? contract?

Reference no: EM133154788

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