You have the opportunity to purchase mineral rights to a

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You have the opportunity to purchase mineral rights to a property in North Dakota with expected annual cash flows of $10,000 per year for eight years. If you discount these cash flows at a rate of 12% per year, what are these cash flows worth today if the cash flows occur at the end of each period? Answer $55,637.57 $49,676.40 $80,000.00 $122,996.93 Which of the following actions will DECREASE the present value of an investment?

Reference no: EM13619301

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