Question: & Moving to another question will save this response. Question 3 Question of Michigan Food Stores is planning to sell its Southgate, Wyandotte, and Burton
& Moving to another question will save this response. Question 3 Question of Michigan Food Stores is planning to sell its Southgate, Wyandotte, and Burton stores. The firm expects to sell each of the three stores for the same, positive cash flow of 10 the firm expects to sell es Southgate store in K years, its Wyandotte store in K years, and its Burton store in P years. The cost of capital for the Southgate and Wyandotte stores is G percent and the cost of capital for the burtun stre R percent. We know that K
0 and G
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