CelebNav, Inc., had sales last year of $700,000, and the analysts are predicting a good year for
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CelebNav, Inc., had sales last year of $700,000, and the analysts are predicting a good year for the start-up, with sales growing 20 percent a year for the next three years. Aft er that, the sales should grow 11 percent per year for two years, at which time the owners are planning to sell the company. What are the projected sales for the last year before the sale?
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Sales of CelebNav last year PV 700000 Exp...View the full answer
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Related Book For 
Fundamentals of corporate finance
ISBN: 978-0470876442
2nd Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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