Question: Question Help value of a complex stream) Don Draper has signed a contract that will pay him $65,000 at the beginning of each year for
Question Help value of a complex stream) Don Draper has signed a contract that will pay him $65,000 at the beginning of each year for the next 6 years plus an additional $150,000 at the end of year 6. If 9 perce nt is the appropriate discount rate, what is the present value of this contract? The present value of the contract is$ (Round to the nearest cent.)
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