Biogenesis Inc. management expects the following cash flow stream over the next five years. They discount all

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Biogenesis Inc. management expects the following cash flow stream over the next five years. They discount all cash flows using a 23 percent discount rate. What is the present value of this cash flow stream?

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Fundamentals of corporate finance

ISBN: 978-0470876442

2nd Edition

Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates

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Question Posted: Jun 08, 2012 01:27 AM

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Biogenesis Inc. management expects the following cash flow stream over the next five years. They discount all

Question:

5 Year -$1,133,676 S978,452 $275,455 S878,326 $1.835,444

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0 23 PV 1 1133676 123 92168780 3847...View the full answer

Fundamentals of corporate finance

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