Question: Homework-Chapter 4 Saved 9 Mark Weinstein has been working on an advanced technology in laser eye surgery. Hls technology will be available in the near
Homework-Chapter 4 Saved 9 Mark Weinstein has been working on an advanced technology in laser eye surgery. Hls technology will be available in the near term. He anticipates his first annual cash flow from the technology to be $170,000, recelved two years from today. Subsequent annual cash flows will grow at 3 percent in perpetuity 10 polnts What is the present value of the technology if the discount rate is 10 percent? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g. 3216.) Sklpped eBook Print References Present value
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