Question: Question: You will receive $63 per year for the next 18 years, starting today. If the discount rate for this cash flow is 12.4%, what

Question:

You will receive $63 per year for the next 18 years, starting today. If the discount rate for this cash flow is 12.4%, what would be a fair price to sell this cash flow for?

PLEASE DO NOT COPY FROM CHEGG. OTHERWISE I HAVE TO REPORT THE ANSWER.

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