Present value with multiple cash flows: Biogenesis Inc., expects the following cash flow stream over the next
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Present value with multiple cash flows: Biogenesis Inc., expects the following cash flow stream over the next five years:
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The company discounts all cash flows at a 21.9 percent discount rate.
The present value of this cash flow stream is$
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Year 1 2 3 4 5 Cash flow 988497 1133265 ...View the full answer
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