Question: really need help with this question, thanks Save Previous Question Homework: Chapter 4. Luammy Objective 3. Topic Homework 1 Score: 0 of 1 pt 1
Save Previous Question Homework: Chapter 4. Luammy Objective 3. Topic Homework 1 Score: 0 of 1 pt 1 of 2 (2 complete) HW Score: 0%, 0 of 2 pts X Problem 4.LO3.9 (similar to) Question Help Wally, president of Wally's Burgers, is considering franchising. He has a potential franchise agreement that would allow him to receive 19 end-of-year payments starting one year from now. The first two payments would be $27,000 and $23,000 in one and two years respectively, and then 519,000 per year after that for 17 years. If Wally requires a return of 9.9%, what is the present value of this stream of cash flows? What is the present value of this stream of cash flows? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer All arts showing
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