Question: 1 . Mark Weinstein has been working on an advanced technology in laser eye surgery . His technology will be available in the near term

 1 . Mark Weinstein has been working on an advanced technology

1 . Mark Weinstein has been working on an advanced technology in laser eye surgery . His technology will be available in the near term . He anticipates his first annual cash flow from the technology to be $ 182, 000 received two years from today . Subsequent annual cash flows will grow at 4 . 2 percent in perpetuity . What is the present value of the technology if the discount rate is } percent ?&quot

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