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, 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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