Question: Problem 5.13 Your answer is incorrect. Try again Dynamics Telecommunications Corp, has made an investment in another company that will guarantee it a cash flow

 Problem 5.13 Your answer is incorrect. Try again Dynamics Telecommunications Corp,

Problem 5.13 Your answer is incorrect. Try again Dynamics Telecommunications Corp, has made an investment in another company that will guarantee it a cash flow of $29,000 each year for the next five years. If the company uses a discount rate of 17 percent on its wetents, what is the present value of this investment (Round intermediate calculations to decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25.) Present value of westment Click if you would like to show Work for this questioni One Show.Work

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